US towerco CiG Wireless has sealed a new credit facility of up to US$150m with Macquarie, to be used in part to finance acquisitions.
The multi-draw term loan matures in five years, according to a company spokesperson.
CiG Wireless president and CEO…
US towerco CiG Wireless has sealed a new credit facility of up to US$150m with Macquarie, to be used in part to finance acquisitions.
The multi-draw term loan matures in five years, according to a company spokesperson.
CiG Wireless president and CEO Paul McGinn said in a company statement: “This new debt facility is a major step in our overall strategic business plan and the structure of this facility provides us with a high degree of flexibility to respond to opportunities”.
“Having cemented into place this cornerstone financing, we can now focus on growth through acquisitions and self-developed communications towers across the United States.”
