Deutsche Glasfaser Seeks Bank Talks as Plan to Raise Cash Fails

Deutsche Glasfaser Holding GmbH and its private equity owners are turning to the lenders of the German fiber company to overhaul its debt structure after its plan to raise €500...

By Arno Schuetze, Giulia Morpurgo, Libby Cherry · Bloomberg Markets

Deutsche Glasfaser Holding GmbH and its private equity owners are turning to the lenders of the German fiber company to overhaul its debt structure after its plan to raise €500 million ($578 million) in preferred equity has so far led nowhere.