FirstLight Fiber Successfully Raises Five-Year Senior Secured Infrastructure Debt Financing Package [Yahoo! Finance]
Banco Bilbao Vizcaya Argentaria S.A. (BBVA)
US:NYSE Investor Relations:
shareholdersandinvestors.bbva.com
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Source: Yahoo! Finance
Albany, NY, May 07, 2024 (GLOBE NEWSWIRE) -- FirstLight Fiber , the Northeast U.S.'s largest independent fiber bandwidth infrastructure provider with 25,000 fiber network route miles and more than 125,000 addressable locations, successfully raised a five-year senior secured infrastructure debt financing package. The package will be used to refinance FirstLight's existing financing and support its future capital expenditure needs. The financing was led by a syndicate of six international banks with a strong franchise in digital infrastructure: Banco Bilbao Vizcaya Argentaria (BBVA), J.P. Morgan, Natixis Corporate & Investment Banking, Société Générale (who also acted as structuring and coordinating bank), Sumitomo Mitsui Banking Corporation (SMBC), and TD Securities. “I am excited to announce this new financing that is structured around FirstLight's needs and provides flexibility to support our next stages of growth,” said FirstLight CFO Peter Zarrella. “The strong appetite from
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