Ares Provides $2 Billion Debt Facility to Phoenix Tower International
Business Wire•01/10/2026•03:03 ET
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Key Highlights
- ➤Ares Management (ARES) provided $2.0 billion of PTI’s $6.5 billion financing
- ➤Ares funded approximately $1.8 billion at closing
- ➤New debt consolidates PTI loans and adds capacity for global growth
- ➤Financing is among the largest private credit deals in the towers sector
Expert Statements
Roopa Murthy, Partner and Co-Head of EMEA Infrastructure Debt at Ares
“We are pleased to deepen our longstanding partnership with PTI through this landmark financing”
Roopa Murthy, Partner and Co-Head of EMEA Infrastructure Debt at Ares
“PTI has established itself as one of the premier independent telecommunications tower platforms globally, with a differentiated portfolio of high-quality assets, an exceptional management team and a proven track record of disciplined growth across diverse markets.”
Roopa Murthy, Partner and Co-Head of EMEA Infrastructure Debt at Ares
“Alongside Blackstone and the broader sponsor group, we look forward to supporting the company’s next phase of growth.”
Michael Bremer, Chief Financial Officer of Phoenix Tower International
“This $6.5 billion financing, the largest of its kind for a privately held tower company, reflects our lenders’ confidence in PTI and our team’s execution across 23 jurisdictions.”
Michael Bremer, Chief Financial Officer of Phoenix Tower International
“It strengthens our capital structure and positions us to keep delivering for customers globally. We are grateful to Ares and Apollo for their partnership.”
Ares Provides $2 Billion Debt Facility to Phoenix Tower International
Forms Part of $6.5 Billion Multi-Jurisdiction Financing Round
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