RITTER COMMUNICATIONS SECURES UPSIZED $590 MILLION FOR CONTINUED NETWORK EXPANSION [Yahoo! Finance]
Fifth Third Bancorp (FITB)
Last fifth third bancorp earnings: 4/21 06:30 am
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Source: Yahoo! Finance
Tennessee and Kentucky , announced today it has closed on an upsized $590 million debt refinance. Fifth Third Bank acted as left lead arranger and administrative agent on the transaction. Ritter Communications, a portfolio company of Grain Management, has rapidly expanded RightFiber, the company's 100% fiber broadband service, since 2021. RightFiber delivers multi-gig speeds and future proof connectivity, transforming the digital landscape of its communities. "The additional funding positions Ritter Communications to continue our remarkable growth trajectory for the next several years," said Ritter Communications CEO Heath Simpson "This strategic investment supports our recently announced expansions into Fort Smith and Texarkana, Arkansas Texarkana, Texas and Paducah, Kentucky with additional fiber network expansions coming very soon." Ritter Communications is the largest privately held telecommunications provider serving exclusively the Mid-South, offering world-class broadband
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FITB
Earnings
- 10/18/24 - Miss
FITB
Sec Filings
- 11/6/24 - Form 8-K
- 11/5/24 - Form 10-Q
- 11/4/24 - Form 4
- FITB's page on the SEC website