The Telx Group, an interconnection and colocation provider in strategic North American markets, has announced that it closed a US$175 million senior secured credit facility, including a US$25 million revolving line of credit.

"This new secured credit facility strengthens our long-term capital structure and positions us for future growth as a leading provider of interconnection and colocation services," said Chris Downie, President and Chief Financial Officer of Telx. "We are pleased to receive continued support from the financing community in recognition of Telx's strong business model and continued growth."

Source: Market Wire

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