Citizens Acts as Financial Advisor and Left Lead Arranger to Antin Infrastructure Partners on its Investment in Empire Access and North Penn

01/17/2023

Citizens Acts as Financial Advisor and Left Lead Arranger to Antin Infrastructure Partners on its Investment in Empire Access and North Penn

PROVIDENCE, RI - Citizens served as Financial Advisor and Left Lead Arranger to Antin Infrastructure Partners on its recent investment in Empire Access and North Penn Telephone.

Founded in 1896 in Prattsburgh, N.Y., Empire offers high-speed FTTP internet, voice and digital TV services. With a network of 1,280 fiber route miles servicing over 96,000 addresses and 29,000 customers, Empire is the independent fiber provider of choice in both Western New York and Northern Pennsylvania, with plans to continue to expand its high-speed fiber broadband footprint across the region.

"Empire is uniquely positioned to leverage its expansive fiber network to provide broadband services to underserved parts of New York and Pennsylvania," said Francisco Abularach, senior partner at Antin. "We are thrilled to partner with the Empire management team to support the next chapter of the company's growth."

"Antin's investment pedigree and deep industry experience in fiber infrastructure aligns perfectly with Empire's stated mission to expand affordable and reliable broadband access to underserved areas across New York and Pennsylvania," said Battle Moore, managing director and head of Citizens' Communications Sector Corporate Finance group. "Citizens' industry and capital markets teams worked very closely with Antin to structure a successful transaction."

Citizens is a trusted strategic and financial partner, consistently delivering clear and objective advice. The Citizens approach puts clients first by offering great ideas combined with thorough market knowledge and excellent execution to help our clients enhance their business and reach their potential.

For more information, please go to the Citizens website.

About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions, with $226.7 billion in assets as of December 31, 2022. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,300 ATMs and approximately 1,200 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.

# # #

The testimonials presented are applicable to the individuals depicted and may not be representative of the experience of others. The testimonials are not paid and are not indicative of future performance or success.

Public link

Please use the above public link if you want to share this noodl on another website.