Jackson Walker Advises Woodforest National Bank in Financing the Expansion of High-Speed Fiber Infrastructure

October 10, 2024 | Client Results



Jackson Walker represented Woodforest National Bank, as administrative agent, sustainability agent, and lender, in connection with a $75 million syndicated credit facility for affiliated fiber internet service providers, Novos Fiber and Prime Fiber, portfolio companies of InLight Capital. This financing provides the necessary capital for Novos Fiber and Prime Fiber to expand their high-speed fiber infrastructure to communities across North Texas, accelerate their growth, increase their market reach, and enhance connectivity.

The Jackson Walker team was led by debt finance partner Sarah Christian and associate Daniel Lewis. The Woodforest team was led by Summer Xie, Senior Vice President; Ryan Voorhies, EVP Group Head TMT Banking; John Long, Senior Vice President; Kyle Kotsios, Assistant Vice President; and Elliot Pickles, Vice President TMT Banking. Woodforest is a leader in Telecommunications, Media and Technology lending. The syndicate lenders also included Third Coast Bank and Sunflower Bank.

For more information about the facility, view the news release.

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In This Story

Sarah Christian
Partner, Austin

Daniel Lewis
Associate, Dallas

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