Astound Announces Successful Refinancing and Capital Infusion

Astound Announces Successful Refinancing and Capital Infusion

PRINCETON, N.J.--(BUSINESS WIRE)--Jul 2, 2025-

Astound to grow footprint with $400M refinancing deal

Astound, which provides internet, Wi-Fi, mobile, TV and fiber-optic solutions in the Lehigh Valley, said it has successfully completed a comprehensive refinancing and a commitment of $400 million from Stonepeak,   Stonepeak is Astound’s largest investor and the world’s largest independent infrastructure firm.   With this additional capital and financial flexibility, Astound said it will work to build out its network.   Under Stonepeak’s ownershi…