TDF INFRASTRUCTURE SUCCESSFULLY SIGNS EUR 300 MILLION ACQUISITION AND CAPEX FACILITY

TDF Infrastructure S.A.S. announces today that it has successfully signed a syndicated €300 Million acquisition and capex facility.

As part of its organic growth strategy, the Group is undergoing an ambitious program to roll out telecom infrastructure in France and this facility will be primarily directed to fund this capex plan. In addition, the loan will be used to finance potential M&A activity.

The new facility expires in March 2024 with extension options until March 2026 and was jointly arranged by BNP Paribas and Crédit Agricole Corporate and Investment Bank. The syndicate of lending banks comprises BNP Paribas, Crédit Agricole Corporate and Investment Bank, La Banque Postale, Mediobanca, MUFG Bank Ltd, Bank of America and Caisse d’Epargne et de Prévoyance Ile- de-France.

TDF Group CFO Hélène Kayanakis said: “This capex facility significantly increases the available liquidity of the Group and provides a competitive financing platform to successfully continue our investment plan focused on the roll out of mobile phone towers and high-speed broadband networks in France ”.