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Wave2Wave Communications, Inc.: Wave2Wave Communications Replaces Debt Facility


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Published in Business and Finance on Tuesday, September 8th 2009 at 14:35 GMT by Market Wire   Print publication without navigation


HACKENSACK, NJ--(Marketwire - September 8, 2009) - Wave2Wave Communications™ ("Wave2Wave"), a Hackensack-based communications company, today announced that it closed a $9 million debt facility from one institutional investor replacing its previous facility. Wave2Wave, headquartered in Hackensack, NJ, is a provider of managed data transport and VoIP services to thousands of business clients and over half a million end-users throughout the United States. RNK, a subsidiary of Wave2Wave, headquartered in Dedham, MA, is a facilities-based Competitive Local Exchange and Interexchange Carrier, providing voice services worldwide. Rodman & Renshaw, LLC, a subsidiary of Rodman and Renshaw Capital Group, Inc., (NASDAQ: [ RODM ]) acted as exclusive placement agent in this transaction.

About Wave2Wave

Founded in 1999, privately held Wave2Wave Communications™ is a managed service provider. The company provides managed services to businesses throughout the nation, including point-to-point connections, Ethernet VLAN, Internet, VoIP, Wi-Fi build outs, networking services, E-mail, private data networking, and security solutions. The company is renowned for using state-of-the-art technology in order to give its business customers the competitive edge they need to succeed in a demanding and ever changing global market. For more information, please call us at 866-wave2wave or visit [ www.wave2wave.com ].

About RNK Communications

Established as a facilities-based carrier in 1997, RNK Communications™ is a full-service communications provider. RNK's unmatched operational efficiency, industry expertise, and technical innovation, enable it to offer a variety of customized communications products and solutions. For additional information call 888-642-9831 or visit [ www.RNKcom.com ].


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