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Phoenix Tower International secures a new multi-jurisdictional financing agreement of $6.5 billion to consolidate existing loans and support growth in both existing and new markets.
PRIVATEAug 31, 2026•6 days ago
Amount Raised
$6.5 Billion
Round Type
Debt Financing
Boca RatonTelecommunications
Description
Phoenix Tower International announced a $6.5 billion financing agreement to strengthen its existing loans and provide substantial additional capacity. The funds will be used for refinancing existing debt, investment needs, acquisitions, and working capital. The transaction includes various credit lines across 23 jurisdictions. It is expected to close by the end of September.
Company Information
Company
Phoenix Tower International
Location
999 Yamato Rd
Boca Raton, Florida, United States
About
Pro forma for pending transactions, PTI, through its affiliates and subsidiaries, owns and operates over 22,000 telecom towers throughout Europe, the United States, Latin America and the Caribbean.
PTI was founded in 2013 with a mission to be a premier site provider to wireless operators across the world in high-growth markets. PTI’s investors include funds managed by Blackstone and various members of the management team and is headquartered in Boca Raton, Florida. For more information, please visit www.phoenixintnl.com.
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Boca RatonTelecommunications