Global law firm White & Case LLP has advised Altitude Infrastructure THD, and its shareholder Altitude Infrastructure Holding, on an investment by a pension fund managed by the Real Assets and Private Markets division of UBS Asset Management in the capital of Altitude Infrastructure THD, as well as on a junior debt issue.
Altitude Infrastructure THD is leveraging €500 million in equity and junior debt, new resources that will enable the telecom operator to accelerate the development of fiber optic networks in France.
Altitude Infrastructure THD is a fiber network developer which specializes in Public Initiative Networks in medium to low density areas, with nearly three million Fiber To The Home (FTTH) outlets in operation.
Altitude Infrastructure Holding is the controlling company of the Altitude Group's infra activities. It is the parent company of Altitude Infrastructure Très Haut Débit, which structures and operates the fiber networks.
The White & Case team which advised on the transaction was led by partner Alexis Hojabr (Paris) and included partners Saam Golshani, Alexandre Ippolito, Amaury de Feydeau and Jean-Luc Champy (all Paris), counsel Orion Berg (Paris) and associates Alexandre Balat, Alexandre Giacobbi, Hugues Racovski, Margaux de Lembeye, Sarah Kouchad, Paul Loisel, Ahmed Boulahcen, Quirec de Kersauson, Camille Fouqué (all Paris) and Philippe Hendrickx (Brussels).
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