Gateway fiber upsizes credit facility to $250 million, funding continued growth in nationwide fiber deployment

Wright city, mo.--(business wire)--gateway fiber, a leading fiber internet provider, is pleased to announce the closing of an incremental $75 million in debt financing. proceeds from the capital raise will fund continued expansion of gateway's fiber network through 2025 in three key markets – missouri, minnesota, and massachusetts. gateway has raised a total of $250 million of debt financing this year with texas capital acting as the administrative agent and texas capital securities as lead arr.
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