Colocation and managed hosting firm Latisys has announced that it had refinanced its existing US$65 million senior credit facility with a new US$110 million facility through a consortium of eight lenders, led by RBC Capital Markets, TD Securities and Madison Capital Funding.

According to the announcement, the company intends to use the incremental funding to continue expansion and growth across its key U.S. markets, including Denver, Irvine, Chicago and Ashburn, Virginia. Latisys has already made several announcements related to the expansion of its facilities this year, most recently its Chicago facility in July.

Source: The WHIR

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