Inaugural $333 million fiber ABS and $245 million development facility strengthen capital structure and support continued network expansion.

O’FALLON, MO, October 28, 2026 – Gateway Fiber, a leading fiber broadband provider backed by CBRE Investment Management, today announced the successful closing of a $578 million financing platform, attracting strong interest from banks and institutional bond investors.

The platform combines Gateway Fiber’s inaugural $333 million asset-backed securitization (“ABS”) with a $245 million development financing facility. Together, these transactions strengthen the company’s capital structure, enhance capital efficiency, and establish a scalable financing framework designed to support Gateway’s long-term growth plans.

The ABS is backed by a diversified portfolio of high-quality operating fiber and fixed wireless assets, together with the associated customer contracts and recurring revenues. The development facility will fund the continued construction and expansion of its network.

Proceeds from both transactions will be used to refinance existing debt, fund required transaction reserves and expenses, and provide additional liquidity to support Gateway’s ongoing growth initiatives.

“Securing this financing is a pivotal step forward in our mission of helping communities thrive through reliable, high-speed internet experiences,” said Craig Ceranna, Chief Financial Officer of Gateway Fiber. “This capital provides the runway to accelerate our expansion, allowing for continued delivery of next-level connectivity for additional residents and businesses across the nation, all while maintaining a disciplined approach to our long-term growth.”    

"With services already active across six states, this capital allows us to accelerate network construction and bring our world-class fiber infrastructure to even more underserved communities."

“The successful close of this financing is a clear demonstration of confidence in Gateway’s operational strength and market momentum,” said Chris Surdo, Chief Executive Officer of Gateway Fiber. “This transaction establishes a durable foundation for continued expansion. With services already active across six states, this capital allows us to accelerate network construction and bring our world-class fiber infrastructure to even more underserved communities. We're grateful for the confidence CBRE Investment Management and our financing partners have placed in our team and long-term vision."

For more information about Gateway Fiber, visit https://www.gatewayfiber.com/.