Emerging markets-focused private credit fund manager Cordiant Capital has led a group of three international lenders in providing US$79 million in senior-secured debt financing for Brazil-based wireless tower builder and operator Brazil Tower Company (BTC). The investment forms part of a round totaling US$104 million, the remaining US$25 million of which BTC expects to secure in the third quarter of 2018. The company intends to use the financing to restructure its existing debt and fund an expansion of its tower portfolio.