Salsa Bidco GmbH

GD Towers - Acquisition Financing

Borrower (s)
Industry
Telecoms and Communications/Cellular / mobile infrastructure
Area of finance
Project & Infrastructure Finance
Region
Europe
Countries
Germany

Deal Overview

A debt package for the DigitalBridge Group's acquisition of a 51% ownership stake in GD Towers. GD Towers is Germany’s largest tower company, owning and operating over 33,000 towers and communication sites in Germany and over 7,000 towers and communication sites in Austria. GD Towers is...

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A debt package for the DigitalBridge Group's acquisition of a 51% ownership stake in GD Towers. GD Towers is Germany’s largest tower company, owning and operating over 33,000 towers and communication sites in Germany and over 7,000 towers and communication sites in Austria. GD Towers is led by an independent management team and has a high-quality portfolio supported by an anchor tenancy agreement with Deutsche Telekom, which will retain a minority 49% ownership stake in GD Towers following this transaction.

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Deal Volume
$7.56bn
Financial Close
01 February 2023
Sources
Submitted by participant(s), Press release

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Tranches


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Projects

GD Towers Portfolio

Greenfield
Cellular / mobile infrastructure
Europe
Germany
$17.58bn