JONESBORO, Ark., Nov. 13, 2024 /PRNewswire/ — Ritter Communications, a premier bandwidth infrastructure platform serving Arkansas, Texas, Missouri, Tennessee and Kentucky, introduced these days it has closed on an upsized $590 million debt refinance. 5th 3rd Cupboard acted as left govern arranger and administrative agent at the transaction.

Ritter Communications, a portfolio corporate of Grain Control, has swiftly expanded RightFiber, the corporate’s 100% fiber broadband provider, since 2021. RightFiber delivers multi-gig speeds and while evidence connectivity, remodeling the virtual soil of its communities.

“The additional funding positions Ritter Communications to continue our remarkable growth trajectory for the next several years,” stated 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 biggest privately held telecommunications supplier serving solely the Mid-South, providing world-class broadband fiber, telecom, video, cloud, and information middle products and services. The corporate has grown swiftly over time, making an investment hundreds of thousands not too long ago in era infrastructure and is now serving 155 communities and greater than 57,000 consumers in Arkansas, Texas, Missouri, Tennessee and Kentucky. Headquartered in Jonesboro, Arkansas, Ritter Communications invests closely within the communities it serves through deploying confirmed, best-in-class infrastructure and era, past coupling it with a world-class customer-focused revel in. For more info seek advice from RitterCommunications.com, RitterBusiness.com or RightFiber.com.

Based in 2007, Grain Management is a prominent, international funding company. We imagine broadband and virtual infrastructure are foundational to the tech-enabled transformation going on throughout all industries and sides of community. Our international crew of seasoned and numerous pros proportion a collective hobby for the facility of connectivity to beef up communities and liberate human possible for all.

We specialise in virtual infrastructure and are a relied on answers supplier to the broadband and communications trade. Our distinctive aggregate of sector wisdom, revel in as operators, and disciplined analytical method information our differentiated funding technique throughout fiber networks, knowledge facilities, wi-fi spectrum, mobile towers, in addition to controlled and infrastructure products and services.

Fifth Third is a locker that’s as lengthy on innovation as it’s on historical past. Since 1858, we’ve been serving to people, households, companies and communities develop thru subtle monetary products and services that reinforce lives. Our record of firsts is intensive, and it’s one who continues to amplify as we discover the intersection of tech-driven innovation, devoted crowd and targeted family have an effect on. 5th 3rd is likely one of the few U.S.-based banks to were named amongst Ethisphere’s International’s Maximum Moral Corporations® for a number of years. With a loyalty to taking good care of our consumers, workers, communities and shareholders, our purpose is not just to be the people’s easiest acting regional locker, however to be the locker crowd maximum price and accept as true with.

5th 3rd Cupboard, Nationwide Affiliation is a federally chartered establishment. 5th 3rd Bancorp is the oblique mum or dad corporate of 5th 3rd Cupboard and its habitual reserve is traded at the NASDAQ® World Make a selection Marketplace underneath the logo “FITB.” Investor data and press releases may also be considered at www.53.com.

SOURCE Ritter Communications

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