Latisys Secures $200M Credit Facility With Three Big Banks
A Colorado-based data center operator is rounding up a few dollars-- about $200M more dollars to be exact. Latisys just announced it secured a $180M six-year loan and a $20M revolving credit facility to fuel accelerating growth, states Latisys CFO Doug Butler in an emailed announcement. The company secured the facility through RBC Capital Markets, TD Securities, and SunTrust Robinson Humphrey. Latisys plans to use the capital to continue its expansion, with data centers,technology, and personnel. Most recently, Latisys developed a second Denver area 82k SF 14mw data center, adding to its 30k SF facility already there.