Schiff Hardin Advises Consolidated Communications Holding, Inc. in Proposed $425 Million Investment and Refinancing

Schiff Hardin LLP is advising Consolidated Communications Holdings, Inc., a leading broadband and business communications provider, in a proposed $425 million investment agreement with an affiliate of Searchlight Capital Partners, L.P.

Schiff Hardin LLP is advising Consolidated Communications Holdings, Inc., a leading broadband and business communications provider, in a proposed $425 million investment agreement with an affiliate of Searchlight Capital Partners, L.P. Through the deal, Consolidated is expected to also complete a refinancing of essentially all of its remaining $2 billion of outstanding debt. As a result, Consolidated expects to have access to additional capital to accelerate fiber deployment and to reduce its net debt. The deal was signed on September 14, 2020.

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