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News Stories (19 Results) - Communications

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


Siena Lending Group LLC announced the completion of a $6.0 million revolving credit facility for uSell.com, 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


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


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


PNC Bank announced the entry into a definitive agreement to acquire The Trout Group, LLC, the premier investor relations and strategic advisory firm servicing the healthcare industry, with more than 80 clients in the life sciences, biotechnology... Read Story
November 28, 2017, 07:14 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


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


NeoPhotonics Corporation entered into a Credit Agreement with Wells Fargo Bank as administrative agent and the lenders party thereto.The Credit Agreement provides for a $50 million revolving credit facility, $30 million of which was drawn at closing.... Read Story
September 12, 2017, 07:15 AM


White Oak Global Advisors and its affiliates sourced, arranged and provided a cornerstone commitment, alongside early commitments from funds advised by Permira Debt Managers, and H.I.G. WhiteHorse completing the club, for a €164 million Senior... Read Story
July 20, 2017, 07:00 AM


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... Read Story
July 14, 2017, 07:34 AM


Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior term loan to support APCO Worldwide’s (APCO) buyout of minority shareholders. This reaffirms APCO’s commitment to independence and... Read Story
July 12, 2017, 07:00 AM


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... Read Story
June 28, 2017, 07:00 AM


Avanti Communications Group announced that it has entered into a facility agreement with HPS1 which will provide a $100 million three-year super senior facility. The proceeds from the Super Senior Facility replaces an existing undrawn higher cost $50... Read Story
June 19, 2017, 07:13 AM


Motorola Solutions, Inc. entered into a new revolving credit agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the several lenders and agents party thereto. The New Credit Agreement provides for a $2.2 billion revolving credit... Read Story
April 28, 2017, 07:19 AM


Alaska Communications Systems Holdings, Inc., as Borrower, Alaska Communications Systems Group, Inc., as Parent and subsidiaries of Alaska Communications, as guarantors, and ING Capital LLC, as administrative agent, entered into a new senior credit... Read Story
March 15, 2017, 07:06 AM


Siena Lending Group announced the completion of a three-year $6.7 million credit facility for ITG Communications, LLC (“ITG”) to refinance their existing senior debt and to support their continued growth. The facility included a $5 million asset... Read Story
March 08, 2016, 08:03 AM


According to Bloomberg, LightSquared Inc. has filed a reorganization plan that offers new treatment to Dish Network Corp. (DISH) Chairman Charles Ergen’s $1 billion in debt, in a bid to resolve a protracted legal fight. The Bloomberg report says a... Read Story
August 11, 2014, 07:45 AM


Entravision Communications Corporation entered into a new secured bank credit facility, consisting of a $30 million revolving credit facility and a $20 million term loan, and a $375 million delayed-draw term loan which may be drawn on a date of the... Read Story
June 03, 2013, 08:06 AM