Latest news with #DeutscheGlasfaser
Bloomberg
03-07-2025
- Business
- Bloomberg
Deutsche Glasfaser Turns to Preferred Equity to Tempt Investors
German telecommunications company Deutsche Glasfaser is seeking to lure investors with better terms in its €1 billion ($1.2 billion) fundraising process, after an initial push to raise common equity fell flat. The firm, owned by private equity group EQT AB and Canadian pension fund Omers, is aiming to raise about €500 million of preferred equity in the coming weeks to finance its business plan, according to people familiar with the matter, who asked not to be named because they aren't authorized to talk about it. And the rest will be raised at a later stage, one of the people said, adding that the coupon will likely be in the low teens.
Bloomberg
10-02-2025
- Business
- Bloomberg
Deutsche Glasfaser Seeks More Than €1 Billion in Funding for Fiber Rollout
By , Gillian Tan, and Swetha Gopinath Save Deutsche Glasfaser, a fiber-optic provider backed by EQT AB and Omers, is seeking new investors to help fund its fiber rollout, people with knowledge of the matter said. The German company is working with Goldman Sachs Group Inc. to raise more than €1 billion ($1 billion) through the sale of a minority stake, according to the people. The owners are seeking a valuation of over €10 billion for Deutsche Glasfaser in a deal, one of the people said.
