Natixis Corporate & Investment Banking (Natixis CIB) has closed a five-year senior-secured infrastructure debt financing package for FirstLight Fiber, the largest independent fiber bandwidth infrastructure provider in the northeast United States, owned by funds managed by Antin Infrastructure Partners. Financial terms were not disclosed.
FirstLight Fiber owns a fiber network extending more than 25,000 route miles, covering 125,000 addressable locations. The proceeds from this financing package will be used to refinance the company’s existing credit facilities and to support its future capital expenditure needs.
“We are extremely proud to have secured this innovative financing from many of our core relationship banks,” said Kevin Genieser, managing partner at Antin Infrastructure Partners and a FirstLight board member. “This is an exciting evolution for us and well positions FirstLight for the future.”
Natixis CIB acted as coordinating lead arranger
