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Tillman Networks closes a Delayed Draw Time period Mortgage with Lombard Odier Funding Managers and CoVenture

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NEW YORK, Could 17, 2022 /PRNewswire/ — Tillman Networks (“TN”), a number one supplier of community infrastructure companies throughout america has closed on a delayed draw time period mortgage facility with Lombard Odier Funding Managers (“LOIM “) and CoVenture. The sizing of the secured facility allows TN to additional its growth and progress plans offering deployment companies to main nationwide mobile community and digital infrastructure operators.

“Lombard Odier Funding Managers is happy to assist TN’s promotion of digitalization as an enabling know-how, contributing downstream sustainable options towards the online zero local weather transition,” stated Rhys Marsh, Portfolio Supervisor, Sustainable Non-public Credit score at LOIM “5G deployment moreover facilitates the discount of upstream community vitality depth per bit of knowledge transmitted.”

“CoVenture is proud to assist Tillman Networks’ dynamic group throughout this upcoming interval of immense progress and growth as Tillman Networks continues to contribute to our nation’s ongoing community diversification,” stated Michael Breitstein, Managing Director at CoVenture.

“We’re very excited to associate with Lombard Odier Funding Managers and CoVenture on this necessary transaction,” stated Daniel Miller, Tillman Networks Chief Monetary Officer. “As community deployment calls for speed up and develop, being correctly capitalized is extraordinarily necessary. LOIM , CoVenture, and Tillman share a mutual recognition of the significance of digital-enabled connectivity, particularly in rural areas, and the companies that Tillman Networks gives. We’re very glad to have them as companions as we proceed to develop.”

About Tillman Networks
Tillman Networks is a portfolio firm of Tillman World Holdings, a holding firm targeted on constructing premier digital infrastructure companies globally. Tillman Networks was based in 2019 to offer a holistic answer to community deployment on the nationwide degree. It gives an entire portfolio of companies together with website improvement, design and engineering, and implementation and upkeep of community infrastructure.

About LOIM
Lombard Odier Funding Managers (LOIM) is the asset administration division of Lombard Odier Group, the 226 year-old, independently owned, Swiss personal financial institution and a frontrunner in sustainable investing. In 2019, Lombard Odier obtained B Corp certification from main non-profit B Lab, in recognition of its company sustainability practices. With greater than 180 funding professionals, LOIM is a worldwide enterprise with a community of 13 places of work throughout Europe, Asia and North America. The agency manages over USD 75 billion in fairness, fastened revenue, and various property for establishments and personal shoppers (as of 31 December 2021).

About CoVenture
CoVenture is another asset administration agency investing throughout the capital stack, typically offering the primary institutional fairness and/or debt financing to enterprise operations throughout monetary companies, new types of media, platform economies and different industries. For extra info go to https://coventure.vc/.

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SOURCE Tillman Networks



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