In the telecommunications segment we finance investments in telecom networks worldwide and thus make a significant contribution to digitalisation.
Financing case: Telecommunications company Deutsche Glasfaser
KfW IPEX-Bank is contributing EUR 120 million towards a loan to expand Fibre to the Home (FTTH) connections in German rural areas..
Project profile - financing:
- EUR 1,375 billion in financing for Deutsche Glasfaser
- Purpose: to expand Fibre to the Home (FTTH) connections and refinance an existing loan
Contribution of KfW IPEX-Bank:
- Loan of EUR 120 million
- Mandated Lead Arranger
FTTH brings high-speed connections to rural areas
Unlike conventional copper cables, with FTTH, the fibre optic cable is routed directly to the user and data is transmitted at light speed. Deutsche Glasfaser is Germany's leading FTTH provider, specialising in rural areas throughout Germany. The company is owned by KKR, a worldwide leading investor, and the Dutch Reggeborgh Group.
In financing this project, KfW IPEX-Bank is able to strengthen its broadband portfolio while at the same time supporting the expansion of Germany's digital infrastructure as per its legal mandate.