WIND Mobile secures up to $425 mln in senior debt facility
Canadian wireless provider Wind Mobile Corp has closed a new senior secured debt facility that will provide for up to $425 million of financing. The facility, backed by Canadian banks, included additional support from Finnish export credit agency Finnvera. It enabled re-financing of Wind's existing debt facilities and will support its plans for network enhancement and the deployment of LTE technology. In late 2014, Wind was acquired by Globalive Capital in partnership with a group of private equity investors. The latter included West Face Capital, Tennenbaum Capital Partners, LG Capital Investors and Serruya Private Equity.
11 December 2015•2 mins read
