Phoenix Tower International gets $109.3 million in credit facilities

By Sara Rosenberg

New York, Sept. 27 – Phoenix Tower International LLC’s U.S. subsidiaries recently closed on $109.3 million of five-year senior secured credit facilities, according to a market source.

TD Securities acted as the lead arranger, bookrunner and administrative agent on the deal.

Proceeds were used to refinance existing loans due in 2020.

Phoenix Tower is a Boca Raton, Fla.-based owner and operator of towers and other wireless infrastructure in the U.S., Latin America and the Caribbean.

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