Boldyn Networks raises $1.2B to drive U.S. growth effort

Jan. 30, 2025
The new funding will support strategic growth initiatives to deliver mobile connectivity nationwide.

Boldyn Networks US has completed nearly $1.2 billion in debt financing, consisting of Senior Secured Credit Facilities and Fixed-Rate Notes, to accelerate its capital investment and expand its footprint throughout the US market. 

This funding comes as the company is actively delivering neutral host and open access networks to core verticals including public transit and airports, universities and student housing, military bases and housing, US ports and industrial facilities, marquee sports and entertainment venues, convention centers, and mixed-use and commercial real estate developments.

CIBC supported the financing as the Exclusive Financial Advisor, Left Lead Arranger, administrative Agent, and Sole Lead Placement Agent. 

Boldyn said the new structure optimizes its overall cost of capital and its ability to fund large-scale infrastructure, facilitating cutting-edge connectivity solutions. 

“We are navigating one of the most consequential times in wired and wireless innovation, where expectations across industries—from higher education and military applications to venues, sports, fan experiences, and private wireless networks—are evolving at an unprecedented pace,” said Christos Karmis, CEO of Boldyn Networks US.

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About the Author

Sean Buckley

Sean is responsible for establishing and executing the editorial strategies of Lightwave and Broadband Technology Report across their websites, email newsletters, events, and other information products.

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