1. Home
  2. News, Deals & Insights
  3. Deal Announcements

DC Advisory advises LiveOak Fiber on its inaugural debt raise

Background

  • Established in 2022, LiveOak Fiber (LiveOak) is a vertically integrated fiber-to-the-premise (FTTP) provider, bringing high-speed connectivity to underserved communities in the Southeastern region of the US 
  • LiveOak's mission is to enhance the quality of life in the areas it operates. LiveOak's initial rollout targets approximately 230,000 passings across six clusters in Georgia and Florida, offering favorable competitive dynamics due to limited existing fiber presence and attractive demographic trends

Process

  • DC Advisory served as exclusive financial advisor for LiveOak’s debut debt raise, facilitating the rollout of its FTTP network
  • Leveraging extensive fiber industry experience, DC Advisory conducted a comprehensive financing process, including:
    • Debt structuring
    • Business plan development
    • Financial modelling
    • Marketing material development
    • Due diligence coordination
    • Lender engagement and negotiations

Outcome

  • DC Advisory successfully secured a flexible debt package for LiveOak , supporting the company’s business plan. Key highlights include:
    • Raising a Capex Facility to fund LiveOak’s rollout program, alongside a Revolving Credit Facility
    • Structuring the debt package based on project finance principles and innovative digital infrastructure capitalization
    • Negotiating a bespoke documentation package ensuring flexibility for LiveOak to deliver its business plan
  • This successful financing underscores DC Advisory's expertise in the US fiber space and supports LiveOak's commitment to its mission

“We are thankful for the outcome DC Advisory achieved with our debut financing. This funding empowers us to expand the reach of our market-leading fiber technology and amplify the positive impact of our services in underserved communities in Georgia and Florida.”

Chris Bach
CFO, LiveOak

What to read next

Date
Sectors
  • Infrastructure
Deal type
  • Debt Advisory & Restructuring
Deal locations
United States
Deal team
Managing Director
Managing Director
Vice President
UN SDG Activity
  • GOAL 9: Industry, Innovation and Infrastructure
Actions
Back to News, Deals & Insights

Disclaimer

For more information, please see our transaction disclaimer

For important information regarding testimonials, please see our disclaimer.

Contact form

Thank you!

Your message has been received by DC Advisory so you'll hear back from us soon.

We collect your personal data if you sign up to receive news or get in touch with us. This is collected by third-party firms on our behalf. We have three separate lists:

  1. DealCloud - which we use as our CRM. DealCloud privacy statement is available here: https://www.intapp.com/privacy/
  2. SalesForce - which we use as our CRM. SalesForce privacy statement is available here: https://www.salesforce.com/uk/company/privacy/
  3. Spotler - which we use to send email marketing campaigns. Spotler privacy statement is available here: https://spotler.co.uk/privacy-policy/

Application form

Application documents*
(Maximum file size of 10 MB. File types accepted: pdf or doc)
* Compulsory fields

Thank you!

Your message has been received by DC Advisory so you'll hear back from us soon.

Back to top