CityFibre agrees £2.3bn in new financing round
- Financing includes £500m in new equity secured from existing shareholders
- Committed debt facilities expanded by £960m, alongside a new £800m accordion facility to catalyse CityFibre’s growth through M&A
- Successful financing accelerates CityFibre’s next phase of growth and boosts UK economy
CityFibre, the UK’s largest independent full fibre platform, has reached agreement with its shareholders and existing lenders on a major £2.3bn financing round, accelerating its next phase of growth.