ATN International, a provider of digital infrastructure and communication services, completed a $300 million debt financing that includes extending and expanding its senior secured credit facilities, consisting of a five-year $170 million revolving line of credit and a six-year $130 million term loan.
“We appreciate the continued confidence and support of our bank group, led by CoBank, ACB,” Michael Prior, CEO of ATN, said. “These facilities are an important component of our overall capital structure and strengthen our financial position.”
CoBank acted as administrative agent, lead arranger and lender, Fifth Third Bank and MUFG Bank both acted as joint lead arrangers and lenders for the financing.
