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Phoenix Tower International Closes Multi-Jurisdiction Holdco Financing Facility With Cdpq And Amp Capital To Support Further International Growth

May 14, 2021•over 4 years ago
Boca Raton

Description

Phoenix Tower International (PTI), a leading wireless communications infrastructure provider, today announced it has closed a HoldCo financing facility to continue its international expansion. The transaction consists of three tranches at close that may be further increased through an accordion feature up to a total of EUR 775 million (approx. USD 940 million) to fund future growth. Caisse de dépôt et placement du Québec (CDPQ), a global investment group, and AMP Capital, a global investment manager, provided the financing.

Company Information

Company

Phoenix Tower International

Location

Boca Raton, Montana, United States

About

Headquartered in Boca Raton, Florida, PTI was founded in 2013 with a mission to be a premier site provider to wireless operators across the Americas in high-growth markets across the United States, Latin America, and the Caribbean.