Finance
Eqt and Omers to Lift Funding for Deutsche Glasfaser to 5 Billion Euros, Ft Reports
Published by Global Banking & Finance Review®
Posted on April 21, 2026
2 min readLast updated: April 21, 2026
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Quick Summary
EQT and Omers plan to raise their investment in Deutsche Glasfaser to nearly €5 billion via €850 million in preferred equity and €400 million of super‑senior debt, topping up their prior €4 billion injection. Deutsche Glasfaser carries over €7 billion in gross debt, underscoring mounting financial p
EQT and Omers Boost Deutsche Glasfaser Investment to €5 Billion
Investment Details and Background
April 21 (Reuters) - Swedish investment group EQT and Canadian pension fund Omers have offered to increase their investment in broadband provider Deutsche Glasfaser to nearly 5 billion euros ($5.89 billion), the Financial Times reported on Tuesday.
Key Financial Highlights
Here are some details:
Breakdown of Additional Investment
• The investors, who have already injected 4 billion euros into Glasfaser, will add around 850 million euros for preferred equity with lenders to inject 400 million euros of new super-senior debt, FT said, citing people familiar with the matter.
Verification and Responses
• Reuters could not immediately verify the report. EQT, Omers and Deutsche Glasfaser did not immediately respond to requests for comment.
Strategic Context
Reasons for Increased Investment
• EQT and Omers are stepping up their investment after failing to find another backer to take a stake in the German company, which has over 7 billion euros of gross debt, FT earlier reported.
Acquisition History
• The investors acquired Deutsche Glasfaser from private equity firm KKR in 2020, with the Swedish firm holding a 51% stake and Omers owning the remainder.
Currency Exchange Rate
($1 = 0.8493 euros)
Reporting Credits
(Reporting by Disha Mishra in Bengaluru; Editing by Ronojoy Mazumdar and Sonia Cheema)
Key Takeaways
- •EQT and OMERS have already invested €4 billion in Deutsche Glasfaser and are now offering an additional €850 million in preferred equity plus arranging €400 million in new super‑senior debt—bringing their total commitment near €5 billion, according to FT sources (investing.com).
- •Deutsche Glasfaser faces substantial debt—more than €7 billion in gross liabilities—raising the stakes for this recapitalization amid broader sector financing stress (paulweiss.com).
- •EQT and OMERS acquired the company from KKR in 2020—EQT with 51% and OMERS 49%—and have since financed extensive FTTH roll-out; this latest move aims to stabilize equity amid stretched lending conditions (eqtgroup.com).
References
Frequently Asked Questions about EQT and Omers to lift funding for Deutsche Glasfaser to 5 billion euros, FT reports
1How much additional funding are EQT and Omers providing to Deutsche Glasfaser?
EQT and Omers are offering to increase their investment with an additional 850 million euros in preferred equity and lenders will contribute 400 million euros in new super-senior debt.
2What is the total investment in Deutsche Glasfaser after this funding round?
The total investment in Deutsche Glasfaser will rise to nearly 5 billion euros following the new funding.
3Why are EQT and Omers investing more in Deutsche Glasfaser?
EQT and Omers are increasing their stake after failing to find another backer for Deutsche Glasfaser, which has over 7 billion euros of gross debt.
4Who previously owned Deutsche Glasfaser?
Deutsche Glasfaser was previously owned by the private equity firm KKR before EQT and Omers acquired it in 2020.
5What is the ownership split between EQT and Omers in Deutsche Glasfaser?
After their 2020 acquisition, EQT holds a 51% stake and Omers owns the remainder in Deutsche Glasfaser.
