"DELRAY BEACH, Fla., Feb. 13, 2026 /PRNewswire/ - Vertical Bridge REIT, LLC ("Vertical Bridge" or "the Company"), the largest private owner and operator of wireless communications infrastructure in the United States, today announced that it successfully issued $1.94 billion of tower revenue notes secured by a geographically diverse portfolio of 10,425 tower sites across all 50 states, Puerto Rico, and Washington D.C. The offering, led by Barclays as the structuring agent, marks the eleventh successful asset-backed securities (ABS) financing by Vertical Bridge since 2016."
"'We appreciate the Barclays team for their leadership and thoughtful structuring of this transaction, which reinforces the market's confidence in our business model,' said Tom Guard, Chief Financial Officer. 'Vertical Bridge has earned that confidence by consistently demonstrating the strength of our assets, the resilience of our platform, and our critical role in meeting the accelerating demand for wireless connectivity.'"
Vertical Bridge completed a $1.94 billion tower revenue notes issuance secured by 10,425 tower sites spanning all 50 states, Puerto Rico, and Washington D.C. The offering was led by Barclays as structuring agent and represents the company's eleventh asset-backed securities financing since 2016. The final order book included 78 unique investors, with 41 new to the Vertical Bridge ABS platform. The issuance established several milestones, including the largest-ever ABS issuance in the tower sector and the first Single-B rated tranche in tower ABS history. The company characterized the transaction as evidence of platform strength, asset resilience, and role in meeting growing wireless connectivity demand.
Read at Telecompetitor
Unable to calculate read time
Collection
[
|
...
]