365 Data Centers Closes Debt Refinancing
NORWALK, Conn.–(BUSINESS WIRE)–365 Data Centers, a leading provider of network-centric colocation, connectivity, cloud, and business continuity solutions, today announced that it has refinanced a portion of its outstanding debt. The refinancing results in additional cash on the Company’s balance sheet and increased cash flow to support revenue growth initiatives, including infrastructure improvements to support higher density deployments.
Bob DeSantis, CEO of 365 Data Centers, said :
This refinancing provides us with the capital needed to fund our growth objectives and reinforces our ongoing commitment to provide cutting-edge Infrastructure-as-a-Service (IaaS) solutions to our customers,
“We are pleased to add Phoenix Merchant Partners to our existing group of industry-recognized lenders and appreciate its partnership and ability to tailor a 365 customer focused financing.”
Colbey Arden, Partner at Phoenix Merchant Partners, said :
We have known Bob and 365 Data Centers for several years and are pleased to once again work with the Company to support its continued provision of innovative IaaS solutions,
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365 Data Centers Closes Debt Refinancing, source
