Who provided the 1.3 billion euro financing for Orange's Scorefit acquisition?

The five-year financing agreement was secured from CaixaBank and BNP Paribas.

What is Scorefit and what assets does it hold?

Scorefit holds fiber access assets that were acquired on France's wholesale market.

What is the total value of the financing agreement for Orange's Scorefit acquisition?

The financing agreement is valued at 1.3 billion euros.

Home / Business and Economy / Orange Secures 1.3B Euro Financing for Scorefit Acquisition

Orange Secures 1.3B Euro Financing for Scorefit Acquisition

28 Apr

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Summary

Orange secured a 1.3 billion euro financing agreement.
The five-year financing is for the Scorefit acquisition.
Scorefit holds fibre access assets bought on France's market.

Orange Secures 1.3B Euro Financing for Scorefit Acquisition

French telecommunications firm Orange has secured a substantial 1.3 billion euro financing agreement to facilitate its acquisition of Scorefit. The deal, spanning five years, was finalized with major financial institutions CaixaBank and BNP Paribas. This strategic move underscores Orange's commitment to expanding its operational footprint.

Scorefit, an entity formerly fully owned by a BNP Paribas subsidiary, possesses significant fiber access assets. These assets were originally procured from the French wholesale market, positioning Scorefit as a key player in the nation's telecommunications infrastructure.