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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Woodforest National Bank Provides $70MM Credit Facility to Connext Networks
Thursday, December 21, 2023
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Lenders/Participants
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Woodforest National Bank [Arranger]
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Structure
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Credit Facility
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Amount
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$70.000
Million
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Borrower(s)
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Connext Networks
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Description
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Facility including a $50 million accordion, arranged by Woodforest National Bank. Connext will use the newly committed funds to accelerate deployment of its fiber optic network across Utah and to continue to serve its local communities with the highest quality customer service.
This transaction represents Connext's inaugural credit facility, and supplements previous equity investments made by the management team as well as Harlan Capital Partners LLC.
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Industry
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Telecom
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Location
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UT
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| Related Tags |
Woodforest National Bank
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ABL Advisor
Deal Tables
2025
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