Eolo seeks €500mn Debt Refinancing with Apollo

Overview

Italian broadband provider Eolo SpA is in advanced negotiations with Apollo Global Management to secure a private debt refinancing package estimated at €500 million, equivalent to about $574 million.

Deal Structure

The proposed financing would replace Eolo’s existing debt structure, providing a simpler solution compared with public‑market refinancing, which is often more complex for lower‑rated issuers such as Eolo.

Backing

Eolo’s equity backing comes from private‑equity firm Partners Group, which is expected to support the refinancing effort.

Market Context

The move reflects a broader trend among high‑yield borrowers to consider direct lenders and private‑deal structures as alternatives to traditional capital‑market financing.