DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed cloud services, established a new $725 million credit facility with which to finance its ongoing and future data center construction projects. The new...
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Hunter Street Partners, a Minneapolis-based alternative investment management firm, and Five Crowns Credit Partners ("Five Crowns"), are increasing their capital commitment to TriStruX, a leading wireless infrastructure and telecommunication service...
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November 25, 2020, 08:39 AM
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Vector Capital, a private equity firm specializing in transformational investments in established technology businesses, announced that it has provided a $100 million second lien term loan to support the Permira Funds’ acquisition of Synamedia from...
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October 30, 2018, 07:15 AM
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Webster Bank's Sponsor & Specialty Group acted as the lead arranger and sole bookrunner on $210 million in senior secured credit facilities enabling AMP Capital to purchase a majority ownership stake in Everstream Solutions, a U.S. network service...
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October 01, 2018, 08:16 AM
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Sonim Technologies, maker of rugged cell phones, announced it has raised $37 million in capital from B. Riley Financial, Inc., a diversified financial services company, through its operating subsidiaries B. Riley FBR, Inc. and B. Riley Principal...
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December 06, 2017, 07:06 AM
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Discovery Communications, a wholly owned subsidiary of Discovery Communications, Inc., the lenders from time to time party thereto and Bank of America, N.A., as administrative agent, entered into the Amendment No. 1 to Amended and Restated Credit...
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August 15, 2017, 08:30 AM
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CIT Group Inc. announced that CIT Communications & Technology Finance provided a $20 million delayed-draw term loan (DDTL) to CTI Towers, a wireless tower company.
CTI Towers owns 208 towers and manages the Comcast Cable portfolio of 435 towers. The...
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a credit facility to new client LiveSafe, a leading mobile safety communications platform. Proceeds from the facility will support sales-related initiatives and...
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Mitel, a provider of business communications, announced that it has closed a new credit facility that includes significantly improved terms as well as greatly enhanced capacity and flexibility to capitalize on the rapidly changing unified...
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Capitala Group, a provider of capital to lower and traditional middle market companies, announced it recently invested $23.0 million in Xirgo Technologies, Inc. (“Xirgo” or the “Company”). Xirgo is a leading provider of wireless telematics modules...
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December 06, 2016, 07:12 AM
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Telesat Canada issued U.S.$500.0 million in aggregate principal amount of 8.875% senior notes due 2024, which mature on November 17, 2024. Concurrently, Telesat announced its entry into a new amended and restated credit agreement. The new amended and...
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November 21, 2016, 07:37 AM
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Vertical Bridge, the largest private owner and manager of wireless communication infrastructure in the U.S., announced it has closed on a $321 million asset-backed securities offering led by Deutsche Bank Securities and Barclays. The issuance, which...
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CIT Communications & Technology Finance served as solelead arranger and administrative agent for a $325 million senior secured credit facility provided to Mobilitie LLC, the nation’s largest privately-held wireless infrastructure provider. The...
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November 18, 2015, 07:43 AM
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CIT Communications & Technology Finance served as sole lead arranger and administrative agent in a senior secured credit facility to Central States Tower (CST), a leading middle-market operator and developer of wireless communications towers and a...
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October 08, 2015, 07:47 AM
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GTT Communications, Inc., a leading global cloud networking provider to multinational clients, announced a definitive agreement to acquire One Source Networks (OSN), a provider of global data, Internet, Session Initiation Protocol (SIP) trunking and...
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September 15, 2015, 07:36 AM
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LICT Corporation announced its wholly-owned subsidiary, Brighton Communications Corporation, has obtained a $30 million revolving credit facility from CoBank, ACB. The facility matures on December 30, 2017 and replaces LICT's current $25 million...
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January 05, 2015, 08:13 AM
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Towerstream Corporation announced the closing of a $35 million debt capital transaction with affiliates of Melody Capital Partners, a New York City based private investment firm and one of the largest independent owners of wireless cellular sites in...
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October 20, 2014, 07:44 AM
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Pamlico Capital and the management team of Clarity Telecom have closed the previously announced acquisition of broadband assets in South Dakota, Minnesota and Iowa from WOW! Internet, Cable & Phone (“WOW!”). The Clarity team will transition the...
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October 07, 2014, 07:15 AM
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Pamlico Capital and the management team of Clarity Telecom (“Clarity”) announced that they have entered into a definitive agreement to purchase broadband assets in Rapid City and Sioux Falls, South Dakota from WOW! Internet, Cable & Phone (“WOW!”)....
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Consolidated Communications Holdings, Inc. completed a refinancing of its secured term debt resulting in an extension of maturities and significant interest savings. Wells Fargo Securities, LLC was the left lead arranger and bookrunner. Morgan...
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December 24, 2013, 07:36 AM
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CIT Group Inc. announced that CIT Corporate Finance provided a $35 million senior secured credit facility to Central States Tower II, LLC (CST II), a leading independent operator and developer of wireless communications towers and portfolio company...
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November 07, 2013, 07:51 AM
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HickoryTech Corporation, doing business as Enventis, announced today the closing of its debt refinancing agreement for an aggregate credit facility of $165 million. The amended credit facility offers HickoryTech access to extended financing through...
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October 31, 2013, 07:59 AM
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General Cable Corporation has amended its existing $700 million asset-based revolving credit facility increasing the size up to $1.0 billion and extending its maturity date to 2018. The amendment provides a $300 million increase to the Senior Secured...
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September 10, 2013, 07:29 AM
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UniTek Global Services, a provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, has received a commitment letter from Apollo...
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TeleCommunication Systems, together with several of its domestic subsidiaries (collectively, the Borrowers), have closed on a new credit agreement dated June 25, 2013. Silicon Valley Bank is the administrative agent, co-lead arranger and joint...
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