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Published on 4/21/2022 in the Prospect News Private Placement Daily.

Airwavz closes $70 million credit facility via AB Private Credit

By Wendy Van Sickle

Columbus, Ohio, April 21 – Airwavz Solutions, Inc. closed a new $70 million credit facility with AB Private Credit Investors that it intends to use to fund growth, according to a news release.

AB Private Credit Investors is the middle market direct lending platform for AllianceBernstein.

“This new credit facility with AllianceBernstein strengthens our financial flexibility to execute on commitments to our clients,” Airwavz chief financial officer Shawn Kocher said in the release. “We will use this additional capital prudently to continue our market momentum.”

Based in Charlotte, N.C., Airwavz designs, installs, owns and operates in-building wireless infrastructure.


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