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4/6/2010

CST Announces Financial Partnership with Goldman Sachs

Central States Tower Holdings, LLC (CST) announced today that it has completed a $25,000,000 credit agreement with Goldman Sachs Specialty Lending Group.  The Senior Credit Facility will allow CST to continue the growth of its largely organic tower portfolio.

Company COO Brian Meier noted, "CST's portfolio has seen steady growth throughout the life of the company and continues to be anchored by National Broadband Tenants such as AT&T and Verizon.  Our new financial partnership with Goldman Sachs along with the continued support of our equity partners lends credence to the stability and value of our portfolio and solidity of our business plan.  We've been selective in what and where we choose to build, and will continue to put our financing towards high value development."

Central States Tower Holdings LLC is a Delaware Limited Liability Company headquartered in Wheaton Illinois. 

The Goldman Sachs Specialty Lending Group is the firm's investment platform dedicated to providing financing solutions to middle market companies based in the US and Canada.  Goldman Sachs global headquarters is in New York City, NY.