ZenFi gets $175 million senior secured credit facility

By Mary-Katherine Stinson

Lexington, Ky., May 23 – ZenFi Networks announced it got $175 million in senior secured credit financing, according to a Monday press release.

Proceeds will be used to refinance existing debt and support continued growth initiatives as the company continues the build-out and expansion of the LinkNYC project throughout the five boroughs of New York City.

Bank Street Group LLC served as the exclusive financial adviser and placement agent on the transaction.

The new credit facility was led by TD Securities, Regions Securities and Societe Generale.

ZenFi is a Morristown, N.J.-based digital infrastructure company.

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