Kirkland Advises Metro Communications on Completion of Second Securitization Issuance at $459 Million

Kirkland & Ellis advised Metro Communications Co. and its affiliates in connection with its second series issuance under its securitization facility, comprised of $399.2 million term notes and a $60 million upsize of its variable funding note facility. The transaction increased the existing facility’s collateral pool by adding assets acquired from Clearwave Fiber LLC—expanding the company’s footprint in Illinois. The transaction closed on June 23, 2026.

The Kirkland team included structured finance lawyers Kelly Mellecker, John Harrison, Amer Mohiuddin, Kelli Johnson, Brooke Brimo, Lyra Jiang and Suril Patel; capital markets lawyers Leia Pearl Andrew, Ross Leff and Sandy Joohee Park; tax lawyers Mike Beinus, Richard Husseini, Jon B. Nelsen and Benjamin Schreiner; investment funds lawyer Phil Vincent Giglio; investment funds ERISA lawyer Joseph Lifsics; and government & internal investigations lawyer Nick Niles.