---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-027681"
form_type: "8-K"
ticker: "TCX"
cik: "0000909494"
company_name: "TUCOWS INC /PA/"
filed_at: "2024-08-23T23:59:59+00:00"
generated_at: "2026-05-31T07:56:42.368825+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tucows closes $63M Ting fiber securitization at 5.9% weighted avg coupon

## Summary
- Issued $55M Class A-2 (5.63%), $8M Class B (6.85%) notes; $16M Class C retained.
- Weighted avg coupon 5.9%, 150 bps lower than 2023-1 issuance; legal maturity Aug 2054.
- Net proceeds to fund fiber network expansion, fees, and general corporate purposes.
- Ting added 29,000 serviceable addresses and 9,500 customers since May 2023.
- Cumulative ABS notes outstanding 8.1x annualized run-rate collections net of mgmt fees.

## SEC filing metadata
- accession: 0001437749-24-027681
- form_type: 8-K
- ticker: TCX
- cik: 0000909494
- company_name: TUCOWS INC /PA/
- filed_at: 2024-08-23T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/909494/000143774924027681/0001437749-24-027681-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/909494/000143774924027681/tcx20240815_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-027681
- JSON: https://secwatch.observer/filing/0001437749-24-027681.json
- Plain text: https://secwatch.observer/filing/0001437749-24-027681.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.