Bank Street Joint Lead Arranger for $135 Million Alpheus Credit Facility

Bank Street Group served as joint lead arranger for a $135 million senior secured financing closed by Alpheus Communications. The financing comprised a $110 million term loan, $15 million underwritten delayed draw term loan and $10 million revolving credit facility. The financing solution also affords up to an additional $40 million under certain conditions with an accordion feature in order to accommodate future organic or strategic growth initiatives by Alpheus.

PRESS RELEASE

Bank Street Group LLC announced that it served as joint lead arranger for a $135 million senior secured financing closed by Alpheus Communications, LLC on May 31, 2013. The financing comprised a $110 million term loan, $15 million underwritten delayed draw term loan and $10 million revolving credit facility. The financing solution also affords up to an additional $40 million under certain conditions with an accordion feature in order to accommodate future organic or strategic growth initiatives by Alpheus.