Siro Secures €125M Debt Investment To Help Fund Network Expansion

11/15/21, 9:14 AM

Money raised

€125 million

Broadband provider Siro has secured a €125 million debt investment from Macquarie Asset Management to help finance the expansion of its fibre-to-the-home (FTTH) network.

Company Info

Company

Siro

Additional Info

However, because of the high cost involved of rolling out fibre-optic cables, the company made an after-tax loss of €28 million for the 12 months to the end of December 2020.