Ashurst advised Hyperoptic Ltd, the UK's largest residential gigabit broadband provider, on its £100 million structured debt raise to accelerate the build of its full fibre network. Ashurst worked alongside Lion Tree as the exclusive financial advisor to the company. The cash injection comes from a consortium of four tier one European banks – BNP Paribas, ING, RBS and NIBC.

The Ashurst team was led by partners Derwin Jenkinson (finance) and Amanda Hale (TMT).

Commenting, Derwin Jenkinson said:

"We were delighted to work with Hyperoptic and Lion Tree on this innovative financing, which marks another significant milestone for Hyperoptic's business."