Transtelco Holding, Inc. (doing enterprise as Flō Networks), an El Paso, TX-based unbiased business-to-business fiber bandwidth supplier between key metropolitan markets within the Southwestern U.S. & Mexico, introduced the refinancing of its credit score facility and a strategic fairness capital funding, totaling ~$800M of Capital.
The corporate added BlackRock as its latest capital accomplice. Along with BlackRock’s debt funding, Deutsche Financial institution served because the Mandated Lead Arranger and Lead Underwriter, alongside TCBI Securities, Inc., doing enterprise as Texas Capital Securities as Lead Arranger, for the banks that joined the credit score facility.
Based as Transtelco in 2001 and led by CEO Miguel Fernandez, Flō Networks is a digital infrastructure service supplier connecting firms on each side of the U.S.-Mexico border and throughout the Americas. It supplies complete connectivity options and superior cloud infrastructure to Fortune 500, telecommunications and cable firms over a fiber optic community spanning over 30,000 route miles between the Southwestern U.S. and Mexico and connects fifteen nations throughout the Americas.
FinSMEs
25/04/2025
