Bond advises Arcus Infrastructure Partners and E-Fiber on the financing of the rollout of its Fibre-to-the-Home (FTTH) network
Bond advises Arcus Infrastructure Partners and E-Fiber on the financing by ABN Amro and Rabobank of the roll-out of E-Fiber’s fibre-optic network.
Arcus is an independent venture capital company with a focus on telecom, transport and energy, which operates exclusively in the European market. With its fibre-optic network, E-Fiber provides FTTH (fibre to the home) services in the Netherlands.
This financing transaction relates to a large number of E-Fiber’s fibre optic networks. Some of these networks are already in operation and are providing fibre connections to consumers, while other parts of the financed networks are still in the construction phase. The financing is therefore a blend of a corporate financing and a classical project financing. The COVID-19 pandemic resulted in a sharp increase in home working and home schooling. As a result, the already high demand for fast fibre-optic connections has increased explosively. This strong increase in demand for FTTH by consumers has also resulted in a significant increase in the appetite of local and international investors and financiers.