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GlobalConnect successfully raised EUR 1 billion in new ESG linked financing, enabling sustainable growth

GlobalConnect successfully raised EUR 1 billion in new ESG linked financing, enabling sustainable growth

GlobalConnect Group has raised additional financing to fund its ambitious growth plan, as a consortium of Nordic and international banks and financial institutions committed additional Senior Debt Facilities of a total of EUR 1 billion. Sustainability incentives were also introduced with the new facilities, with the effect of lowered interest rate margin upon meeting targets for predetermined sust

About GlobalConnect Group

GlobalConnect is one of the leading digital infrastructure and data communication providers in the Nordic region, driving more than half of all data traffic in and out of the Nordics. GlobalConnect delivers fiber-based broadband services to more than 830,000 private consumers and end-to-end connectivity solutions to 30,000 B2B customers via its 215,000 kilometer fiber network across Denmark, Norway, Sweden, Germany and Finland. GlobalConnect employs approximately 2,000 people and had a turnover of SEK 7.6 billion in 2023.