DataBank adds $350m financing to US edge data centre expansion
DataBank Inc., a connectivity and cloud provider, has secured $350 million in financing for an expansion of its US data centre infrastructure.
The financing, led by TD Securities, includes a 5-year loan of $175 million as well as a delayed loan of $125 million and $50 million in revolving credit.
The $350 million package comes weeks after the Dallas, Texas-based company announced a $715 million financing on 1 March.
DataBank will use the new funds to...