Hibernia Networks completes USD52.5m debt refinancing

18 Jan 2013

Global capacity services provider Hibernia Networks has announced the completion of a USD52.5 million debt refinancing plan. In a press release yesterday the company, which has recently announced a name change from Hibernia Atlantic, confirmed that the proceeds of the refinancing were used to pay off existing indebtedness and will also provide ‘incremental liquidity’ for its future growth and working capital needs. Hibernia Networks added that the new lender group includes funds managed by affiliates of Fortress Investment Group and Bridge Bank.

Ireland,

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share