Reggefiber applies for new loan from EIB
Dutch operator Reggefiber has applied for a second loan from the European Investment Bank (EIB). The EIB confirmed it's considering a EUR 140 million loan to Reggefiber. The financing will support the roll out of fibre-optic networks in 35 smaller Dutch cities, mainly in 2012 and 2013. The EIB is limited under its statutes to providing 50 percent of a financing package. Reggefiber is hoping to raise in total EUR 280 million, with the remainder coming from commercial banks if the EIB deal is approved. The Du