CaixaBank leads finance deal for Orange’s acquisition of Scorefit

• The bank contributes €1 billion out of a total of €1.3 billion, becoming Orange’s main financial partner in the acquisition
• The transaction strengthens CaixaBank’s presence in France, where its Corporate & Investment Banking division has intensified its activity in strategic sectors such as telecommunications and infrastructure, positioning the bank as a key player in the French market

CaixaBank has led, with a contribution of €1 billion out of a total of €1.3 billion, the financing agreement supporting Orange’s acquisition of Scorefit. Through this transaction, CaixaBank becomes the telecommunications group’s main financial partner and consolidates its position as a benchmark institution for structuring large-scale corporate transactions in Europe.

The five-year financing agreement will allow Orange to simplify its financial structure and optimise its transition from copper to fibre, in line with its strategic plan.

CaixaBank’s leadership in this transaction is underpinned by its growing presence in France, where, through its Corporate & Investment Banking (CIB) division, the bank has consolidated a strong corporate services network and an intense financing activity for large companies in strategic sectors such as telecommunications and infrastructure, positioning itself as a key player in the French market.

This is not the first time CaixaBank CIB has had a significant role in financing an M&A transaction in France. In 2025, the bank participated in the €10.5 billion syndicated financing granted to the French group Lactalis, the world’s largest dairy company, partly aimed at the acquisition of the yoghurt division of the US company General Mills.

CaixaBank’s presence in France

CaixaBank opened a representative office in Paris in 2007 and obtained a banking branch licence in 2018, becoming the group’s fourth European branch. Since then, the branch has expanded its international banking strategy, offering financing, foreign trade and corporate banking services to Spanish and multinational companies operating in France.

Through this transaction, CaixaBank strengthens its role as a strategic financial partner for major European corporations, particularly in digital infrastructure and telecommunications sectors. Its contribution highlights the bank’s ability to lead complex, large-scale financing transactions and its commitment to the development of critical European infrastructure, such as optical fibre.