News
20 February 2025

Unitirreno agrees financing for subsea fibre cable

In:
Telecoms and Communications
Region:
Europe

Unitirreno has signed a €57 million ($59.5 million) financing agreement with Intesa Sanpaolo and Banco BPM for a subsea fibre cable project.The 4-year financing includes a capex line of €50 million, 50% guaranteed by SACE as well as a €5 million debt service reserve facility and a...

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