NEXERA received over PLN 1 billion financing from a consortium of banks for the development of fibre-optic networks in Poland09-08-2021
Nexera signed a loan agreement with the consortium of banks for a total amount of over PLN 1 billion The funding obtained will be allocated to investments in the development of fibre-optic networks in the Regions. When comparing the size of the company to the amount of the funds granted, it is an unprecedented event on the Polish market, confirming the wide development prospects and the operator’s reputation.
“Our success is supported by a well-developed business plan, a real and effective company strategy as well as an innovative way of operating our organization, based on the “agile” model, which has in many respects become a benchmark for other operators in the market,” said Jacek Wiśniewski, President of the Nexera Management Board.
“We are a relatively small organization, while the debt financing we receive places us at the level of the largest players in the country. This is a clear success in the Polish market, which shows that we are a reliable organization with huge potential, as confirmed by leading financial institutions,” Paweł Hordyński, Member of Nexera’s Financial Management Board.
The financing will be provided in the form of an overdraft facility and an investment loan to be used for the development of fibre-optic infrastructure in Nexera Regions. The list of lenders includes 5 banks: The European Investment Bank, PKO BP Bank, Santander, BGK and ING. The funds obtained will allow to exceed the number of 700 thousand addresses that will ultimately be within the range of our fibre-optic network.
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