Boldyn Networks US secures $1.2 billion debt financing to expand U.S. business

Boldyn Networks US has announced a $1.2B debt financing via senior secured credit facilities and fixed rate notes. The network infrastructure developer said the capital injection will help its continued expansion into the U.S.

More than 70 sports stadiums and arenas worldwide -- which include venues associated with the NFL, NBA, NHL, MLB and MLS -- have used Boldyn Networks for connectivity infrastructure. Some of the company’s current sports-related projects include Arrowhead Stadium and the KFC Yum! Center. Boldyn Networks was supported in the move by the Canadian Imperial Bank of Commerce (CIBC).



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