Liam Stewart
GTP is the largest privately-owned tower operator in the U.S. and the fourth largest independent operator in the U.S.
GTP owns, manages or master leases more than 13,000 wireless sites, including 4,300 towers throughout the U.S.
GTP leases space on towers and rooftops to telecommunications carriers and other users of wireless technology.
Contact:
Phone: 561.995.0320
Global Tower Partners Closes New Financing
BOCA RATON, FL - July 22, 2011 - (RealEstateRama) -- Global Tower Partners (“GTP”) announced today that it closed its $645,000,000 Secured Tower Revenue Notes Global Tower Series 2011-2 on July 7, 2011. The Company issued $490,000,000 Series C Notes (rated A2(sf)/A(sf) by Moody’s and Fitch respectively) and $155,000,000 Series F notes (rated Ba3(sf)/BB-(sf) by Moody’s and Fitch respectively). The notes have a blended coupon of 5.135 percent with a 30-year legal maturity.
