NIBC contributes to Fiber to the Home financing in Germany
News Release - 20 Apr 2022, 15:30 CEST
We are glad to continue our support towards Deutsche Glasfaser Group by being part of the EUR 5.75bn debt financing for its Fiber-to-the-Home (“FTTH”) roll-out plan. This represents the largest FTTH financing in Germany to date.
The new financing is a key building block to support DGF’s plan to cover about 4 million homes with FTTH by year-end 2025, a key step in its longer-term ambition to reach a 6 million FTTH footprint. In addition, the new financing includes sustainability-linked elements, as the company and its shareholders are strongly committed to high ESG standards.