Colt Technology has access to debt for Lumen EMEA business purchase

By Sara Rosenberg

New York, Nov. 3 – Colt Technology Services has access to debt and equity financing in an amount sufficient to fund its $1.8 billion acquisition of Lumen Technologies’ Europe, Middle East and Africa business, according to an 8-K filed with the Securities and Exchange Commission on Wednesday.

Closing is expected as early as late 2023 upon receipt of all regulatory approvals in the United States and certain countries where Colt operates, as well as other customary conditions.

Colt is a London-based digital infrastructure company.

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