Boston and New York Team Represent Phoenix Tower International in $2.0 Billion Credit Facility Financing

A Locke Lord team led by James Rubens (Boston) and Jason Ulezalka (New York), along with Christine McCay, Brandon Curtin and Mason Marek (all of Boston), represented Phoenix Tower International (PTI), a wireless communications infrastructure provider, in the combination, amendment and restatement of five senior secured credit facilities. The transaction consolidated PTI’s Spanish, U.S. and Chilean subsidiaries into a single $2.0 billion senior secured multi-facility transaction covering all of North and South America and included subsidiaries in 17 countries. The financing also included funding for the acquisition of more than 2,300 tower sites in Chile. For more information, see the press release.
Posted on August 23, 2022