German bank NORD/LB has announced its participation in a €1.4 billion ($1.6 billion) senior debt refinancing package for lyntia, a leading neutral wholesale telecommunications infrastructure operator in the Iberian Peninsula. The Spanish operator is sponsored by BNP Paribas Asset Managers Alts, Swiss Life Asset Managers and Morrison. The bank is participating in the 7-year term loan and revolving credit facility (RCF) tranches of the package.
Iberia — and Spain in particular — is emerging as one of Europe’s most strategically important digital infrastructure hubs, driven by rising demand from hyperscalers, cloud providers and data centers. lyntia is well positioned to support this growth, operating an extensive wholesale fiber network in Spain and Portugal, with international connectivity reaching Europe through Marseille.
The financing will allow lyntia to refinance its existing debt on a fully funded basis. The capital will be deployed to expand lyntia’s ex
