Kirkland Advises on Debt Facility to Be Incurred by Joint Venture Between T-Mobile and Oak Hill

Kirkland & Ellis advised on a warehouse financing to be incurred by a joint venture between T-Mobile and Oak Hill for the integration of GoNetspeed and Greenlight (existing portfolio companies of Oak Hill) into a single company. The proceeds of the financing will be used by the joint venture for the development of assets owned by the JV. The transaction with Oak Hill is expected to close in 1H 2027, at which time T-Mobile expects to invest approximately $2.0 billion to acquire a 50% equity interest in the JV and substantially all existing residential fiber customers.

Read the transaction press release

The Kirkland team included debt finance lawyers Jacqueline Trudeau, Katherine Hannah, Roald Nashi, Greg Howling, Ryan Lombardo, Meredith Kuykendall, Riccardo Caggia, Kelly Mellecker and Suril Patel; and corporate lawyer Chris Turek.