Xplore Completes Recapitalization With C$1.6b of New Funding

Xplore said it completed a “comprehensive recapitalization” with more than C$1.6 billion of new funding committed through private investment via new equity and debt and government broadband programs.

• Investment led controlling shareholder, Stonepeak, and includes other institutional investors
• Says deal provides a fully financed expansion plan for Xplore’s continued fibre-to-the-home network roll-out

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