Eurofiber lands €1.5B green refinancing to fund fibre and cloud push
What's the deal? Dutch network operator EurofiberDealroom has a profile for this one. Try Dealroom → has secured €1.5 billion in debt refinancing, backed by a consortium of banks and institutional investors. The deal replaces an existing €1.5 billion loan and adds sizeable undrawn committed credit facilities.
Why now? Eurofiber frames the refinancing as confirmation of sustained demand for secure, scalable network connections. The new structure gives it access to a diversified capital base with investment-grade characteristics, opening the door to public capital markets over time.
What's the endgame? The company will use the financial headroom to invest further in its own fibre network, expand cloud infrastructure services, and serve its core European markets.
"This refinancing confirms the strength of our business model and the confidence of our financial partners in our long-term strategy," said chief executive officer Alex Goldblum. He added that the platform "positions us well for further growth in the European market" (translated from Dutch).
Sustainability tied to margin: The transaction is structured as a Sustainability-Linked Loan under Loan Market Association guidelines. The interest margin adjusts based on three annual ESG targets: cutting greenhouse gas emissions (Scope 1, 2, and 3) in line with the Science Based Targets initiative, a new circularity indicator, and increasing the share of women in the workforce.
BNP Paribas and Rothschild & Co advised Eurofiber and shareholders Antin Infrastructure PartnersDealroom has a profile for this one. Try Dealroom → and PGGM Infrastructure FundDealroom has a profile for this one. Try Dealroom →. Clifford ChanceDealroom has a profile for this one. Try Dealroom → acted as legal adviser.
The signal: At €1.5 billion, the deal ranks in the 96th percentile of all-time debt rounds among Dutch telecom companies. It reflects how fibre and cloud operators are increasingly turning to large, ESG-linked debt structures to fund capital-intensive network expansion across Europe.
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