Ribbon Communications, a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their...
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Lumine Group, a global acquirer of communications and media software companies, entered into a revolving credit facility agreement with a syndicate of Canadian and US financial institutions to provide long-term financing to support the Company’s...
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One Source Communications secured a new $100 million debt facility led by Post Road Group, with participation from Boundary Street Capital and Encina Private Credit.One Source secured the debt capital to support internal growth initiatives and...
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White Oak Group served as the investment banker to Gregg Communications in its sale to financial sponsor APLJ Capital Management. Established in 1967 and headquartered in Lombard, IL, Gregg provides communications solutions and services, and is a...
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February 26, 2024, 07:20 AM
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Harmonic entered into a new five-year, $160 million committed credit agreement (the "Credit Facility") with a lending syndicate led and arranged by Citibank, co-led by JPMorgan Chase Bank and Wells Fargo Securities, and includes HSBC and MUFG as...
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December 22, 2023, 07:21 AM
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Bluebird Network, a communications infrastructure provider and operator of more than 11,000 miles of fiber and two data centers, received $285 million of five-year Senior Secured Credit Facilities. Proceeds from the Credit Facilities were used to...
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December 18, 2023, 07:56 AM
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Culain Capital Funding completed a $4,500,000 factoring facility for a Florida-based Command and Control (C2) Equipment Reseller, Integrator and distributor in the defense industry.Brought to Culain by President, Jamie Franz, the Company is a service...
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Wingspire Capital provided a $30 million senior secured credit facility to GTT Communications, a global provider of managed secure networking services for large enterprise and carrier clients.The revolver will be used to support working capital...
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Encina Private Credit served as Administrative Agent, Collateral Agent, Joint Lead Arranger and Joint Bookrunner for a Senior Secured Credit Facility supporting H.I.G. Capital’s acquisition of Tower Engineering Professionals (“TEP”). TEP is a leading...
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Lumine Group, a global acquirer of communications and media software companies, announced that its wholly-owned indirect subsidiary, WideOrbit Inc. (“WideOrbit”), has entered into a revolving financing facility with a syndicate of Canadian and U.S....
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CIT, a division of First Citizens Bank, announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $27.78 million credit facility for Applied Optoelectronics, Inc.Founded in 1997 and headquartered in Sugar...
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December 06, 2022, 07:45 AM
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Siena Lending Group competed a $50 million asset-based revolving line of credit for Inseego Corp. The facility was provided to ensure that the company is well-positioned to capitalize on expected growth in the 5G landscape as the technology continues...
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September 08, 2022, 07:48 AM
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Luna Innovations, a global leader in advanced fiber optic-based technology, entered into a new five-year debt facility for $35 million. The debt is provided by PNC Bank. The new agreement includes a $20 million term loan facility and a $15 million...
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First Citizens Bank announced that its Middle Market Banking business provided a $60 million loan to Bahakel Communications to refinance existing debt and help finance future growth opportunities. Bahakel Communications is a family owned-and-operated...
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Airwavz Solutions closed a new credit facility with AB Private Credit Investors ("AB-PCI"), the middle market direct lending platform for AllianceBernstein. With this new financing, Airwavz is excited to build upon its position as the market's go-to...
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LBC Credit Partners provided a senior secured credit facility to support O2 Investment Partners’ investment in BerlinRosen.BerlinRosen is a fast-growing, full-service communications firm with more than 270 communications and campaign strategists in...
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Runway Growth Capital closed a senior secured term loan commitment of $13 million to Dejero, a telecommunications aggregator of diverse connectivity paths including LTE and 5G cellular, satellite and broadband to deliver enhanced reliability...
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February 17, 2022, 07:52 AM
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Sterling National Bank's Asset Based Lending and C&I Groups joined forces to provide a Commercial Mortgage loan in the amount of $4,650,000 and an ABL Revolving Line of Credit totaling $30,000,000 to Reliance Communications, LLC and Orbic North...
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January 18, 2022, 07:57 AM
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CIT Group's Middle Market Banking business provided $6.3 million to refinance corporate office properties for Diamond Communications LLC. Diamond Communications is one of the largest private wireless infrastructure companies in the U.S., managing...
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December 16, 2021, 07:47 AM
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WOW! Internet, Cable & Phone announced that WideOpenWest Finance, LLC, a subsidiary of WOW!, has priced and allocated a new Credit Facility that is anticipated to close next week. At closing, the Credit Facility will consist of a new (i) term loan B...
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December 10, 2021, 08:04 AM
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American Tower Corporation and CoreSite Realty Corporation announced that they have entered into a definitive agreement through which American Tower will acquire CoreSite for $170.00 per share in cash. The total consideration for the transaction...
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November 15, 2021, 07:58 AM
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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...
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September 23, 2021, 07:55 AM
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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...
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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...
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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...
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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...
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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...
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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...
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January 23, 2019, 07:00 AM
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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...
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January 02, 2019, 07:44 AM
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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...
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December 26, 2018, 08:04 AM
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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...
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November 29, 2018, 07:03 AM
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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...
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November 26, 2018, 07:00 AM
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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...
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October 09, 2018, 07:05 AM
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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...
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September 11, 2018, 07:30 AM
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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February 12, 2018, 08:00 AM
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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...
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January 03, 2018, 07:13 AM
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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...
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November 22, 2017, 07:28 AM
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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...
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November 13, 2017, 07:51 AM
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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...
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October 04, 2017, 08:05 AM
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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...
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September 26, 2017, 07:32 AM
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