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SELECTED TRANSACTION DETAILS
Bank of America, Fifth Third Bank Arrange $390MM Senior Credit Facility for Alaska Communications
Friday, August 30, 2024

Lenders/Participants Bank of America [Joint Bookrunner, Joint Lead Arranger]
Fifth Third Bank [Joint Bookrunner, Joint Lead Arranger]
Structure Senior Secured Credit Facility
Amount $390.000 Million
Borrower(s) Alaska Communications
Description A new five-year $390 million senior secured credit facility. The funds will be used to repay existing debt and to further invest in expanding the company’s fiber infrastructure across the state.
Industry Communications
Location AK
Related Tags Alaska, Bank of America, Fifth Third Bank