Tuesday, November 22, 2016

CyrusOne Bumps Credit Facility To $1.55 Billion

Dallas-based data center operator CyrusOne announced late Monday hat it has bumped its senior unsecured credit agreement to $1.55 billion. The company said it increased its revolving credit facility by $350M to $1.0 billion, and also decreased its revolving loan rate to LIBOR plus 1.55 percent. The moves--plus addition adjustments to its various lines of credit--will go towards funding growth at the company, according to the company.