UK data centre services firm Pulsant has refinanced and extended its total debt facilities to the tune of £187m, as it seeks to expand its data centre footprint. There is also the ability to draw down an accordion in the future should further debt capacity be required, said the firm.
The refreshed five-year facility will support Pulsant’s continued expansion across the UK. It will focus on future acquisitions and enable the further development of Pulsant’s existing portfolio of 14 sovereign data centres through the Pulsant platformEDGE offering.
"We are very pleased to be working with some fantastic lenders who are supporting our strategic goal of creating the UK’s leading edge platform," said Brad Petzer, CFO, Pulsant.
He added, “This deal is the latest in a series of milestones for Pulsant, as earlier this year we completed the acquisition of two regional data centres from SCC.
“The deal was designed to help more businesses in the Midlands and South West to benefit from Pulsant’s unique network of data centres and platformEDGE and to help them reach new markets.”
