Unveiling the Praised Achievement in the Fibre Industry: XpFibre

In a significant development for the telecoms industry, CIB has successfully refinanced XpFibre, a leading digital infrastructure provider. This refinancing deal has been hailed as the Europe Telecoms Deal of the Year by PFI and the Digital Infrastructure Deal of the Year - Europe by IJGlobal.

CIB played a pivotal role in ensuring that the transaction aligned with the strategic objectives of the key sponsors: Altice, Omers, Allianz, and Axa. The bank participated in the development of the financial structure for the transaction, coordinating with multiple stakeholders throughout the refinancing process.

CIB's involvement in the initial financing in 2019 and subsequent incremental transactions positioned it as a key party throughout the refinancing process. The bank served as one of the six Mandated Lead Arranger Underwriter, Bookrunner, Placement Agent, and Hedging Bank for the refinancing of XpFibre.

One of the key highlights of the deal is the establishment of a rated private placement by CIB. This provides strong diversification in funding sources for XpFibre, ensuring a robust financial base for the future. The structure put in place by CIB paves the way for the future financing needs of XpFibre.

The refinancing of XpFibre is outstanding due to its innovative financing structure. It involved multiple sources, such as private equity, venture capital, and strategic corporate investors. This provided a robust capital base and enhanced financial stability for XpFibre.

In conclusion, CIB's expertise and dedication have led to a successful refinancing deal for XpFibre. The recognition as Europe's top deal is a testament to CIB's commitment to delivering exceptional financial solutions for its clients.