Cellnex strengthens its financial position through the refinancing of its €2.8 billion syndicated credit facility

• The transaction, unanimously backed by 26 financial institutions, strengthens the company’s long-term liquidity.

Barcelona, 14 July 2025 – Cellnex has successfully refinanced its main syndicated credit facility, increasing its total amount to €2.8 billion. This refinancing not only extends the maturity by an additional year but also includes two one-year extension options, which could push the final maturity to July 2032.

The transaction, carried out under favorable market conditions, received unanimous support from all 26 participating financial institutions.

Raimon Trias, Group Chief Financial Officer, highlighted: “With the support of our banking partners, we have expanded our €2.5 billion syndicated credit facility maturing in 2029 to €2.8 billion with a potential extended maturity in 2032. This back-up facility ensures the company’s ability to meet future maturities and liquidity needs.”

This credit facility is essential for maintaining and strengthening Cellnex’s long-term liquidity levels. Additionally, the cost of this financing will be linked to the achievement of sustainability Key Performance Indicators (KPIs), thereby contributing to the company’s sustainability objectives.

Cellnex was advised by ING and BBVA as global execution and sustainability coordinators, and by Clifford Chance as legal advisor to Cellnex, with Latham & Watkins advising the financial institutions.

About Cellnex Telecom

Cellnex is Europe’s largest telecommunications towers and infrastructures operator, enabling operators to access a wide network of telecommunications infrastructures on a shared-use basis, and thus helping to reduce access barriers and to improve services in the most remote areas. The Company manages a portfolio of more than 130,000 sites, including forecast roll-outs up to 2030, in 10 European countries, with a significant footprint in Spain, France, the United Kingdom, Italy and Poland. Cellnex, which is listed on the Spanish Stock Exchange, is part of the selective IBEX35 and Euro Stoxx 100 and enjoys outstanding positions on the main sustainability indices such as CDP, Sustainalytics, FTSE4Good, MSCI and DJSI Europe.