G.Network logs into £220m loan
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 ...