DELRAY BEACH, Fla., Sept. 16, 2025 /PRNewswire/ — Vertical Bridge REIT, LLC (“Vertical Bridge” or “the Company”), the largest private owner and operator of communications infrastructure in the United States, today announced that it successfully issued $595.1 million of tower revenue notes secured by a geographically diverse portfolio of over 1,070 towers across 47 states. The offering marks the tenth successful asset-backed securities (ABS) financing by Vertical Bridge since 2016.
Proceeds from the offering, led by Barclays as the structuring agent, were used to repay the Series 2020-2 and 2023-1 Notes, cover associated transaction fees and expenses, and support the growth of the Company’s infrastructure portfolio.
“We’re proud to have completed another ABS transaction with strong support from key investors,” said Ron Bizick, President and Chief Executive Officer of Vertical Bridge. “This transaction affirms the resilience of our business model and the continued confidence investors have in our long-term strategy and asset quality.”
“We want to thank the Barclays team for leading this transaction to a successful close,” said Tom Guard, Chief Financial Officer of Vertical Bridge. “Our long-standing relationships with the investment community have been built on transparency and performance.”
The issuance achieved a blended all-in yield of 6.419% on average tenor of 3 years.
About Vertical Bridge
Vertical Bridge REIT, LLC, is the largest private owner and operator of communications infrastructure in the United States and has a nationwide portfolio of over 17,000 towers. The company provides build-to-suit and colocation solutions to the wireless industry.
In 2020, Vertical Bridge became the first tower company in the world to achieve the CarbonNeutral® company certified status and has been recertified every year since. For more information, please visit www.verticalbridge.com.
Media:
Joele Frank, Wilkinson Brimmer Katcher
Sarah Salky / Alex Wolfsohn
(212) 355-4449
[email protected]
View original content:https://www.prnewswire.com/news-releases/vertical-bridge-completes-595-1-million-asset-backed-securitization-302557711.html
SOURCE Vertical Bridge
