Allo Communications nets credit facility for recapitalization

TD Securities acted as left lead arranger and administrative agent for a senior secured credit facility to support the recapitalization of Allo Communications LLC in partnership with SDC Capital Partners. The transaction closed last week, with the details of the facility undisclosed. Other arrangers included Guggenheim Credit Services, CIT Bank, Citizens Bank, ING Capital and Sunflower Bank.

Allo Communications provides fiber-to-the-premise services, including internet, voice and video, to residential and commercial customers across 12 markets in Nebraska and Colorado. Based in Imperial, Neb., Allo operates a 100% fiber network focusing on Tier II and Tier III markets.

SDC Capital Partners LLC is a global digital infrastructure investment firm. SDC invests in data centers, fiber networks, wireless infrastructure and associated businesses, with a focus on opportunities to leverage its deep operational expertise in partnership with exceptional teams to create value.