Open fiber: project financing expanded to 4.1 billion – Ultima Ora

(ANSA) – ROME, AUG 06 – With a pool of banks, BNP Paribas, SociétéGénérale and UniCredit, Open fiber has defined the terms for the increase in the amount of project financing signed in 2018 for the development of fiber optics for a further 675 million euros. The value of the loan will thus rise from 3.5 billion to 4.145 billion euros overall. The company led by Elisabetta Ripa announced this, stating that the operation must now be examined by the other financial institutions of the company for the operational implementation of the agreement. The duration of the operation remains unchanged over a 7-year period, i.e. until 2025 considering the start in 2018.

(ANSA).

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