3i Infrastructure uses bank debt to fund German entry

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By Mike Turner
06 Apr 2021

3i Infrastructure, the UK investment trust, is leaning on bank debt facilities to finance a planned €182m acquisition for a majority stake in German broadband provider DNS:Net.

3i Infrastructure is taking a 60% equity stake in DNS:Net, marking the acquisitive company’s first major infrastructure investment in the German market.

The company is buying the stake from private equity firm Deutsche Beteiligungs and DNS:Net founder Alexander Lucke.

3i Infrastructure “has raised acquisition debt and a capex facility to ...

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