Unitirreno Cable

Mazara Del Vallo - Genoa (Unitirreno) Subsea Fibre Cable Project - SACE Covered Financing

Borrower(s)
Unitirreno Cable
Industry
Telecoms and Communications/Broadband / cable network
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Italy

Deal Overview

Unitirreno has signed a €57 million ($59.5 million) financing agreement 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 €2 million VAT facility. The...

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Deal Volume
$59.6m
Financial Close
19/02/2025
Dealmakers
Sources

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