Porites Bidco SARL

AXA IM’s Acquisition of Minority Stakes in Open-Access FTTH Platform Milos – Acquisition Financing

Borrower(s)
Porites Bidco SARL
Industry
Telecoms and Communications/Broadband / cable network
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Spain

Deal Overview

Non-recourse project finance to fund AXA IM’s acquisition of minority stakes in Milos, a Spanish open-access FTTH platform carved out from Telefónica and Vodafone Spain. Following the acquisition, Telefónica and Vodafone Spain will own 55% and 5% of the company, respectively,...

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Deal Volume
$261.75m
Financial Close
05/03/2026
Dealmakers
Sources
Submitted by participant(s),

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Tranches

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Project Deals

Open-Access FTTH Platform (Project Milos)
$261.75m
Brownfield
Broadband / cable network
Europe
Europe
Spain