Originally posted on Data Center POST
365 Data Centers has successfully refinanced a portion of its outstanding debt, bolstering its financial position. Known for its network-centric colocation, connectivity, cloud, and business continuity solutions, the company announced the refinancing on December 3, 2024.
This financial maneuver is set to increase cash flow for the company, leading to support for revenue growth initiatives, with a particular focus on infrastructure improvements to accommodate higher density deployments. The refinancing provides the necessary capital to fund the company’s ambitious growth objectives and fulfill its commitment to delivering cutting-edge Infrastructure-as-a-Service (IaaS) solutions to its customers.
The refinancing deal introduces Phoenix Merchant Partners to 365 Data Centers’ existing group of industry-recognized lenders. This new partnership is expected to bring tailored financing solutions that align with 365 Data Centers’ customer-focused approach.
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