G.Network logs into £220m loan

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By Mike Turner
25 Jan 2021

G.Network Communications, the London-centric broadband provider, has signed loans totalling £229m, with the company planning a £1bn investment programme into the UK capital.

The facility is split between a £220 term loan and a £9m revolving credit facility. Both mature in 2027.

Investec, KZ Finanz, NatWest Markets and Santander were mandated lead arrangers on the deal.

A G.Network spokesperson declined to comment on the financing.

The funding will be used towards the borrower’s fibre ...

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