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General

GTA raises USD 146 mln for Guam telecom investment

Monday 16 December 2019 | 16:31 CET | News
Guam operator GTA has successfully raised a total of USD 146.2 million of lower cost capital to enable it to repay existing debts and accelerate its ongoing investment in the Pacific island's telecommunications infrastructure. The deal to amend, extend and upsize its existing first lien term loan was secured with the help of Lazard Middle Market as financial advisor, BNP Paribas as administrative agent and Latham & Watkins LLP as counsel, said GTA, which was acquired by Huntsman Family Investments (HFI) in 2017.

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Categories: General
Companies: GTA TeleGuam
Countries: Guam
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