Fundz

Pti Secures $2 Billion Multi-Facility Transaction

PRIVATEAug 22, 2022

Amount Raised

$2 Billion

Round Type

Funding Round

New YorkFinancial ServicesFinanceBanking

Description

Phoenix Tower International, LLC ("PTI"), through its Spanish subsidiary (Phoenix Tower International Spain ETVE, S.L.U.), U.S. subsidiary (Phoenix Tower US Holdings (REIT) Inc.), and its Chilean subsidiary (Phoenix Tower International Chile SpA) announced today that it has amended and restated its senior credit facilities to consolidate and expand them into a single US$2.0 billion senior secured multi facility transaction covering all of North and South America.

Quick answer

PTI raised $2 Billion in a Funding Round round, dated August 22, 2022. PTI is based in New York, United States.

How much did PTI raise?
PTI raised $2 Billion in a Funding Round round on August 22, 2022.
What does PTI do?
In addition to Scotiabank acting as Sole Lead Arranger and Sole Bookrunner in the financing, and Sole Financial Advisor in the acquisition, the following banks acted as Senior Mandated Lead Arrangers or Mandated Lead..
Where is PTI based and how big is it?
PTI is based in New York, United States.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as PTI that raised within 45 days of this round, from Fundz verified event records.

  • Jiko raised an undisclosed amount on October 6, 2022.
  • NexBank Capital raised $50M on September 14, 2022.
  • Kippa raised $8.4M (Funding Round) on September 12, 2022.
  • HSBC raised an undisclosed amount (Funding Round) on August 24, 2022.
  • Ensysce Biosciences raised $8M (Convertible Note) on August 9, 2022.
  • Ensysce Biosciences raised $30M (Funding Round) on August 1, 2022.

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Company Information

Company

PTI

Location

New York, United States

About

In addition to Scotiabank acting as Sole Lead Arranger and Sole Bookrunner in the financing, and Sole Financial Advisor in the acquisition, the following banks acted as Senior Mandated Lead Arrangers or Mandated Lead Arrangers, while 13 other institutions acted as Lead Managers, Managers and Participants: BNP Paribas, Crédit Agricole Corporate & Investment Bank, ING Capital LLC, Banco Santander, S.A., Sumitomo Mitsui Banking Corporation, Societé Générale, JP Morgan Chase Bank, N.A., MUFG Bank, Ltd.About Phoenix Tower InternationalPro 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.

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