Milbank Advises lyntia Networks on €1.4B Landmark Refinancing

Milbank LLP advised lyntia on its €1.4 billion landmark refinancing to support long-term growth and international connectivity. This refinancing brings together a diversified group of leading bank lenders and private placement investors, demonstrating lyntia’s strong access to debt markets across different pools of liquidity and underlining confidence in the company’s business model, mature platform and long-term outlook.

lyntia is a neutral wholesale telecommunications infrastructure operator in the Iberian Peninsula. The company has an extensive fibre network and a value proposition focused on enabling high-capacity connectivity for operators, data centres, cloud providers and enterprises, contributing to the development of critical digital infrastructure.

The Milbank team was led by Infrastructure Finance partners Katie Hicks and Jonathan Toffolo, and associates Hattie Jones, Katharine Ward, Immanuel Akele, Farvah Javaid.  The team was supported by Alternative Investments partner Robert Wyse Jackson, special counsel Joel Cavanaugh, and associate Tiiu Lemsalu, Tax partner Alan Rafferty, Jade du Berry, Corporate Finance and Securities partner Trevor Truman and associate Harshil Bansal.