CityFibre agrees £2.3 billion in major new financing round
CityFibre has secured a £2.3 billion financing round, including £500 million in new equity from shareholders and major infrastructure investors, to accelerate its growth phase.
MAIN POINTS
- CityFibre is an independent UK full fibre platform.
- The financing round totals £2.3 billion.
- £500 million of the financing is new equity.
- Key investors include Goldman Sachs, Antin Infrastructure Partners, and Mubadala Investment Company.
TAKEAWAYS
- The financing aims to accelerate CityFibre's growth.
- CityFibre's shareholders and existing lenders are involved in the agreement.
- This investment highlights confidence in CityFibre's business model.
- The deal strengthens CityFibre's position in the UK fibre market.