{
  "$type": "site.standard.document",
  "bskyPostRef": {
    "cid": "bafyreigfkqaaqyzc5ipe3arqgn4djozvq2ezm4t6k63uno2pha7fkb7dhm",
    "uri": "at://did:plc:mg5ozsljpp6t5b4lvwys4t72/app.bsky.feed.post/3mfoypfixnlf2"
  },
  "coverImage": {
    "$type": "blob",
    "ref": {
      "$link": "bafkreibh65m3omxvdz432gxamy7ei3jw6znseb7d35ygdlnp44d7canhgq"
    },
    "mimeType": "image/jpeg",
    "size": 41103
  },
  "description": "Company said transaction was largest securitization in tower sector history",
  "path": "/vertical-bridge-raises-1-94-billion-in-tower-backed-financing/",
  "publishedAt": "2026-02-25T15:29:07.000Z",
  "site": "https://broadbandbreakfast.com",
  "tags": [
    "the company said",
    "Subscribe now"
  ],
  "textContent": "WASHINGTON, Feb. 25, 2026 – Vertical Bridge issued $1.94 billion in tower revenue notes backed by cash flows from 10,425 sites across all 50 states, Puerto Rico and Washington, D.C., the company said.\n\nThe offering was structured as an asset-backed securities transaction and was led by Barclays. Asset-backed securities are bonds backed by revenue generated from specific assets. The company said the deal marked the largest securitization in the tower sector’s history.\n\nA total of 78 investors participated across four classes of notes, including 41 new investors to Vertical Bridge’s securitization platform. The company said the issuance was its eleventh such financing since 2016\n\n### This post is for subscribers only\n\nBecome a member to get access to all content\n\nSubscribe now",
  "title": "Vertical Bridge Raises $1.94 Billion in Tower-Backed Financing",
  "updatedAt": "2026-05-21T09:58:04.698Z"
}