(May 28, 2025) – Ripple Fiber, a Charlotte-based provider of high-speed fiber internet services, announced today it has secured a significant expansion of its existing credit facility to $350 million. Led and arranged by Post Road Group, the upsized agreement is a significant increase in the company's debt capacity and a vote of confidence, providing substantial resources to support Ripple Fiber's accelerated network deployment across the United States.
This substantial debt package is supported by an additional equity from Ripple Fiber's current sponsors. This commitment comes on the heels of the company's strategic merger completion with HyperFiber, which formally combined the companies under the unified Ripple Fiber brand and leadership. With this expanded debt capacity, Ripple Fiber is now exceptionally well-positioned to execute on its near-term build plan with operations in 10 states by the end of 2025.
The expanded credit facility and further equity commitment from Ripple Fiber's current sponsors provide the capital resources to maintain and enhance the company's position as one of the fastest-growing independent FTTH (Fiber-to-the-Home) providers in the country. Ripple Fiber has already deployed over 170,000 fiber passings across seven states, adding more than 100,000 passings and 13,000 subscribers in the last twelve months alone. The company has developed a clearly defined strategic growth path to expand its fiber footprint nationwide.
Source: Light Reading (lightreading.com)