Cologix Announces Amended And Expanded $255 Million Credit Facility
Expanded credit facilities increase debt capital capacity to support expansions and acquisitions.
Cologix has announced that it has entered into amended and expanded secured credit facilities totaling $255 million.
The financing enables Cologix to continue to build and acquire premier interconnection-focused data centers sought by its customers. The transaction was oversubscribed from the initial request. The credit facilities also provide for an option to flex further with a $60 million uncommitted incremental accordion facility.