Northern Fiber Holding Gmbh

The Northern Fiber Holding Group (NFH) secures financing totaling EUR 240 million from a well-known banking group. The borrowed capital is essentially made available to all NFH brands for the fiber optic expansion in northern Germany. NFH, as the digital infrastructure platform of UBS AM in Germany, has concluded comprehensive financing with an international banking consortium. The consortium consists of the Norddeutsche Landesbank (Nord/LB), the Skandinaviska Enskilda Banken (SEB), Kommunalkredit, the Raiffeisen Bank International (RBI) and the Kreditanstalt für Wiederaufbau (KfW).

NFH is part of UBS Asset Management's (UBS-AM) Real Estate & Private Markets (REPM) $13 billion infrastructure portfolio. Andrew Morris, Head of Infrastructure Equity, UBS Asset Management, emphasizes: “NFH is developing into a major player in the German fiber optic market. The financing is an important milestone and shows the market's confidence in our growth plans in northern Germany."