Pastore & Dailey successfully represented Stamford, Connecticut based client Bank Street Group LLC in its role as joint lead arranger for a $135 million senior secured financing closed by Alpheus Communications, LLC on Friday May 31, 2013.  The financing comprised a $110 million term loan, $15 million delayed draw term loan and $10 million revolving credit facility.  The financing solution also affords up to an additional $40 million in an accordion feature under certain conditions.  The financing allows Alpheus to refinance its existing debt and creates a solid foundation for future growth.  Alpheus is a leading provider of metro and regional fiber networking and data center solutions serving carrier and enterprise customers in Texas.


Tags: Banking, Corporate Litigation