Boldyn Networks, a company completed approximately $1.2 billion in debt financing, consisting of senior secured credit facilities and fixed rate notes, to accelerate its capital investment to grow and expand its footprint throughout the U.S. market. The financing was supported by CIBC as exclusive financial advisor, left lead arranger and administrative agent and sole lead placement agent.
“This additional financing represents a major vote of confidence in Boldyn Networks and our ability to deliver on the demands of a rapidly evolving landscape,” Christos Karmis, CEO of Boldyn Networks US, said. “We are navigating one of the most consequential times in wired and wireless innovation, where expectations across industries — from higher education and military applications to venues, sports, fan experiences and private wireless networks — are evolving at an unprecedented pace. This funding strengthens our ability to execute on our strategic vision and empowers us to meet these evolving needs with cutting-edge solutions. Boldyn is uniquely positioned to deliver innovative solutions that transform how people live, work and play, enabling our customers to adapt and thrive in this dynamic environment.”
