UK edge infrastructure provider Pulsant has completed refinancing and an extension of its debt facilities.
The expansion of the debt facilities has added four new lenders and increased total debt facilities to £187m. There is also the ability to draw down an accordion in the future should further debt capacity be required.
The refreshed five-year facility will support Maidenhead-based Pulsant’s continued expansion across the UK.
Its platformEDGE infrastructure connects 14 strategically located data centres through a low-latency network fabric, providing access to cloud, connectivity and compute services across the UK and beyond.
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It will focus on future acquisitions and enable the further development of Pulsant’s existing portfolio.
“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.
“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.”