Tele Columbus successfully completes Morgan Stanley refinancing
MARCH 20, 2024 12.15 EUROPE/LONDON BY JULIAN CLOVER

Tele Columbus AG has completed its €300 million refinancing to support plans to convert its existing infrastructure into fibre optic networks.

“The successful transaction underlines the strong confidence of our investors in our future. “Strengthened by this important agreement, we will push forward our fibre optic strategy even more intensively in close cooperation with our partners from the housing industry,” said Markus Oswald, CEO of Tele Columbus.

The agreement with Morgan Stanley Infrastructure Partners also includes an extension of the terns for a €462 million loan (SFA) and the €650 million bond (SSNs) until January 2029.