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PTI Announces Acquisition of T4U Holding Brasil S.A.

June 15, 2015

BLACKSTONE PORTFOLIO COMPANY PHOENIX TOWER INTERNATIONAL ANNOUNCES ACQUISITION OF T4U HOLDING BRASIL S.A., COMPRISING MORE THAN 500 WIRELESS TOWERS IN BRAZIL

Boca Raton, FL, June 15, 2015. Phoenix Tower International (“PTI”), owned by funds managed by Blackstone’s Tactical Opportunities business, announces the acquisition of T4U Holding Brasil, S.A. (“T4U”). The acquisition is to be structured as a merger of T4U into PTI’s existing Brazilian tower business. Terms of the transaction were not disclosed.

The combined businesses will operate under the name Phoenix Tower do Brasil, which will own and operate 529 wireless infrastructure assets with a pipeline of over 250 wireless towers under construction for all of the major wireless operators in Brazil.

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PTI Closes $32.15M Loan Facility

May 11, 2015

PHOENIX TOWER INTERNATIONAL CLOSES $32.15M LOAN FACILITY WITH BANCO GENERAL AND OTHER LENDERS TO FINANCE WIRELESS INFRASTRUCTURE ACROSS COSTA RICA AND PANAMA

Phoenix Tower International (“PTI”) announces the closing of a seven (7) year credit facility between its local subsidiaries in Costa Rica and Panama and a consortium of lenders led by Banco General, S.A. joined by Towerbank, Metrobank and Banco General (Costa Rica). The credit facility provides debt financing on PTI’s existing wireless infrastructure as well as additional financing for new tower development and acquisitions of wireless infrastructure in Costa Rica and Panama.

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