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News Stories (25 Results) - Communications

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team has extended an $8 million credit facility to The Ockers Company, an information... Read Story

September 23, 2021, 07:55 AM

IntelePeer completed $110 million in new funding, with $75 million in convertible notes and debt financing from Sixth Street Growth and $35M in equity from Savant Growth. Building on a recent credit facility of over $60 million from Sixth Street... Read Story

May 26, 2021, 07:23 AM

Monroe Capital, Oak Hill Advisors (“OHA”) and Barclays Bank (“Barclays”), acting as administrative agent, closed a $325.0 million credit facility to support Vertical Bridge REIT, LLC’s (“Vertical Bridge”) merger with Eco-Site, LLC (“Eco-Site”) and... Read Story

May 18, 2021, 07:57 AM

R.R. Donnelley & Sons completed an amendment to the credit agreement for its senior secured asset-based revolving credit facility with Bank of America, JPMorgan Chase Bank, PNC Bank, and Wells Fargo Bank, acting as joint lead arrangers and joint book... Read Story

April 20, 2021, 08:03 AM

Ribbon Communications executed an amendment ("Third Amendment") to its credit agreement. Citizens Bank, administrative agent under the credit facility, led the amendment with the syndicate banking partners including Santander Bank, Silicon Valley... Read Story

March 05, 2021, 07:25 AM

Strategic Wireless Infrastructure Funds Management, LLC has announced it has secured a syndicated credit facility led by Texas Capital Bank for SWI Funds Property Holdings, LLC and other affiliated companies, the company said.The credit facility... Read Story

April 27, 2020, 09:00 AM

Alaska Communications Systems Holdings, Inc., as borrower, entered into an amended and restated Credit Agreement with Alaska Communications Systems Group, Inc. and certain of the Parent’s direct and indirect subsidiaries, as guarantors, ING Capital... Read Story

January 23, 2019, 07:00 AM

Phoenix Tower International (PTI) announced it has closed a $200 million senior secured credit facility with Goldman Sachs Specialty Lending Group to continue its growth in the United States.“This latest refinancing gives us a well-capitalized... Read Story

January 02, 2019, 07:44 AM

Natixis announced it acted as Joint Lead Arranger and Bookrunner for the $775 million financing of a portion of the acquisition of a majority stake in Ascenty LLC by Digital Realty. Ascenty is one of Latin America’s largest data center providers with... Read Story

December 26, 2018, 08:04 AM

Siena Lending Group LLC announced the completion of a $6.0 million revolving credit facility for, Inc. The facility was used to refinance the company's existing senior debt and to support the company’s growth plans and working capital needs... Read Story

November 29, 2018, 07:03 AM

LBI Media, Inc. announced it is pursuing a financial restructuring in order to implement an agreement with 100% of the Company’s senior lenders to reduce LBI’s debt by more than $350 million. LBI has also received a commitment for a new $38 million... Read Story

November 26, 2018, 07:00 AM

Monroe Capital announced an increase in the credit facility to support the continued growth of First Call Resolution, LLC (FCR). Based in Eugene, Oregon, and with seven contact centers across Oregon and Montana, a near shore site in Tijuana, Mexico... Read Story

October 09, 2018, 07:05 AM

CIT Group Inc. announced that its Communications & Technology Finance unit served as sole lead arranger for a senior secured credit facility to Neutral Connect Networks LLC. Founded in 2016 and based in Boynton Beach, Florida, Neutral Connect... Read Story

September 11, 2018, 07:30 AM

Monroe Capital LLC announced an increase in the credit facility to Corbett Technology Solutions, Inc. (CTSI) to support the acquisition of Communications Specialists Inc. (CSI). CTSI is an existing portfolio company of Tower Arch Capital.Based... Read Story

July 10, 2018, 07:18 AM

Fusion, a provider of cloud services, announced that on May 4, 2018, it closed its previously-announced acquisition of the Cloud and Business Services business of Birch Communications Holdings, Inc. The acquisition was completed through a merger of a... Read Story

May 07, 2018, 07:09 AM

T-Mobile US and Sprint Corporation announced they have entered into a definitive agreement to merge in an all-stock transaction at a fixed exchange ratio of 0.10256 T-Mobile shares for each Sprint share or the equivalent of 9.75 Sprint shares for... Read Story

April 30, 2018, 07:46 AM

Citizens Bank announced that Citizens Commercial Banking is providing a $50 million asset-based revolver to Las Vegas-based privately held Go Wireless, Inc., which operates Go Wireless stores across the United States. Citizens is the sole lender and... Read Story

March 21, 2018, 07:14 AM

iHeartCommunications, Inc., an indirect subsidiary of iHeartMedia, Inc. was given a temporary reprieve from its lenders, delaying an expected bankruptcy filing from the troubled communications firm. The company entered into a Forbearance Agreement... Read Story

March 06, 2018, 08:00 AM

TCF Capital Funding announced that it provided secured financing to support MFG Partners LLC in their investment in Mail Communications Group LLC. Headquartered in Des Moines, Iowa, MCG was founded in 1984 and provides omni-channel communication... Read Story

March 06, 2018, 07:00 AM

Broadcom announced that it has signed committed financing agreements to fund its proposed acquisition of Qualcomm Incorporated.A group of 12 financial institutions have agreed to provide up to $100 billion of committed credit facilities, including a... Read Story

February 12, 2018, 08:00 AM

NXT Capital announced that it has provided a $38 million senior secured credit facility to support Graham Partners’ acquisition of OptConnect, LLC. NXT Capital acted as the Sole Lead Arranger, Administrative Agent and Sole Bookrunner for this... Read Story

January 03, 2018, 07:13 AM

DataBank, Ltd., a Digital Bridge portfolio company and provider of business solutions for data center, cloud, interconnectivity and managed services, announced it has completed a $410 million Term Loan B credit facility, providing DataBank with... Read Story

November 22, 2017, 07:28 AM

Avaya Holdings announced that its wholly-owned subsidiary, Avaya Inc., has successfully priced a $2.925 billion senior secured term loan, which was upsized from $2.425 billion, in response to strong market demand. The term loan results in a... Read Story

November 13, 2017, 07:51 AM

R.R. Donnelley & Sons Company, entered into an asset-based revolving credit facility pursuant to an Amended and Restated Credit Agreement by and among the Company, as borrower, and certain of its subsidiaries, as guarantors, the lenders party thereto... Read Story

October 04, 2017, 08:05 AM

Mitel, a global provider of business communications, announced the completion of its acquisition of ShoreTel. With this addition, Mitel has accelerated its move-to-the-cloud strategy, shifting into the #2 market share position for UCaaS (Unified... Read Story

September 26, 2017, 07:32 AM