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News Stories (14 Results) - CoBank

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... Read Story
April 11, 2024, 07:50 AM

Effects from the pandemic and Ukraine war continue to reverberate through the global economy. Food and energy prices remain high, though prices for underlying commodities have lost upward momentum as economic fears rise. The drop in commodity prices... Read Story
July 15, 2022, 07:00 AM

Southwest Iowa Renewable Energy, LLC announced the recent expansion of its credit facility and a repurchase of membership units.As previously reported, effective November 8, 2019, the Company entered into amendments to its credit facility with Farm... Read Story
November 25, 2019, 08:45 AM

ZenFi Networks and Cross River Fiber announced the signing of a definitive merger agreement, which upon closing will create the leading communications infrastructure provider in the New York and New Jersey metro areas with more than 700 route miles... Read Story
April 25, 2018, 07:00 AM

CatchMark Timber Trust, Inc. announced the refinancing of its existing credit facilities through a syndicate led by CoBank, ACB, increasing its total credit capacity from $500 million to $638 million.  The new debt facilities include a $35 million... Read Story
December 08, 2017, 07:18 AM

sPower, a leading renewable energy provider, announced today the completion of a tax equity investment and syndicated construction and term loan facility totaling $786 million. KeyBanc Capital Markets Inc. acted as Coordinating Lead Arranger for the... Read Story
October 07, 2016, 07:43 AM

Alaska Communications closed the refinancing of its existing senior term loan on Sept. 14, 2015. Alaska Communications entered into $100 million of senior secured financing, including a $10 million revolving loan. Alaska Communications used proceeds... Read Story
September 15, 2015, 08:03 AM

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... Read Story
January 05, 2015, 08:13 AM

CatchMark Timber Trust, Inc. announced the closing of the accordion for its multi-draw term credit facility and revolving credit facility, increasing the maximum availability of the multi-draw term facility by $65 million to a total of $215 million... Read Story
June 10, 2014, 06:52 AM

Frontier Communications Corporation has entered into a new $350 million senior unsecured delayed draw term loan facility with CoBank, ACB, as administrative agent, lead arranger and a lender. The loan will be drawn upon closing of the Company’s... Read Story
June 03, 2014, 07:04 AM

The WhiteWave Foods Company, a leading consumer packaged food and beverage company in North America and Europe, today announced that on January 2, 2014 it completed its previously announced acquisition of Earthbound Farm, one of the country’s leading... Read Story
January 06, 2014, 07:38 AM

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... Read Story
October 31, 2013, 07:59 AM

CoBiz Financial has promoted T.J. Kern to manage CoBiz Structured Finance. The department provides asset-based and private equity-sponsored loans to middle market businesses within the company's footprint. Kern has almost three decades of experience... Read Story
May 02, 2013, 08:03 AM

Lumos Networks Corp. ("Lumos Networks" or "the Company"), a fiber-based service provider of data, voice and IP-based telecommunication services in the Mid-Atlantic region, today announced it has successfully refinanced its prior senior credit... Read Story
May 01, 2013, 08:00 AM