Tuesday, December 1, 2009

CyrusOne Gets $150M For Expansion

Houston-based CyrusOne, a provider of colocation services and data centers, said Monday that it has gained $150M in a Senior Secured Credit Facility, for expansion and refinancing of its outstanding debt. The credit facility came from a syndicate of banks led by TD Securities, RBC Capital Markets, SunTrust Robinson Humphrey, and SG Americas Securities. Other firms involved in the funding included Toronto Dominion, Royal Bank of Canada, SunTrust Bank, Societe Generale, CapitalSource Finance, Caterpillar Financial Services, and Webster Bank. CyrusOne has over 480,000 square feet of data center space in Texas.