0
General

CyrusOne increases credit facility to USD 3 bln

Friday 30 March 2018 | 09:22 CET | News
US data centre operator CyrusOne has increased the size of its credit facility by USD 1 billion, or 50 percent, to a total of USD 3 billion. The new agreement also extends the maturity dates of the facility, reduces the interest rate margins for the revolving credit facility and five-year loan. The new deal will help accelerate CyrusOne's expansion plans, upping its flexibility, including the ability to borrow in non-USD currencies.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: CyrusOne
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

CyrusOne announces new data centres in Frankfurt, London

Published 17 Oct 2018 20:17 CET | Germany
CyrusOne, global data centre real estate investment trust (REIT), has announced the locations of new data centres in Frankfurt, ...

CyrusOne purchases nearly 70 acres in Mesa, Arizona for new data centre campus

Published 06 Jun 2018 08:23 CET | United States
CyrusOne said it purchased 68.227 acres in Mesa, Arizona to build a new data centre cloud campus for the Fortune 1000. Upon ...

Lume to provide retail colocation from CyrusOne data centres

Published 25 May 2018 10:08 CET | United States
US-based Lume for data centre colocation will host their cloud customers from CyrusOne data centres in Dallas, Phoenix, and the ...

CyrusOne posts Q1 profit on valuation gain, revenues up 32%

Published 03 May 2018 13:52 CET | United States
US data centre operator CyrusOne reported first-quarter revenues up 32 percent year-on-year to USD 196.6 million. Its net result ...

CyrusOne appoints Doricko as VP strategic accounts

Published 12 Apr 2018 09:39 CET | United States
CyrusOne named data centre veteran Brian Doricko as vice president, strategic accounts. Doricko will work with CyrusOne's cloud ...