Waller Capital Advises Blue Ridge Cable Technologies on $25 Million Debt Financing

New York, NY

Waller Capital announced the closing of a $25,000,000 issuance of Senior Unsecured Notes by Blue Ridge Cable Technologies, Inc., a subsidiary of Pencor Services, Inc. The notes were purchased by CoBank ACB. Blue Ridge is a leading cable television system operator and is based in Palmerton Pennsylvania and serves 178,640 video customers. The proceeds will be used for general corporate purposes. Waller Capital was Blue Ridge Cable’s exclusive financial advisor in the transaction. This financing represents the 8th transaction Waller Capital has completed with Blue Ridge since 1996.