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CityFibre secures £2.26 billion to fund network expansion and acquisitions

Published 14/07/2025, 08:14
CityFibre secures £2.26 billion to fund network expansion and acquisitions

Investing.com -- British fibre broadband network CityFibre has secured £2.26 billion ($3.04 billion) in financing to fund network investment and acquire smaller competitors, the company announced Monday.

The funding package includes £500 million in new equity from shareholders including Infrastructure at Goldman Sachs Alternatives (NYSE:GS), Antin Infrastructure Partners (EPA:ANTIN), Mubadala Investment Company, and Interogo Holding.

In addition to the equity investment, CityFibre has arranged a £960 million expansion of its existing debt facilities.

The company has also agreed to a separate £800 million loan facility specifically designated for funding acquisitions as part of its consolidation strategy in the broadband market.

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