Vantage Data Centers upsizes revolving credit facility to $275 million

By Susanna Moon

Chicago, April 15 - Vantage Data Centers said it amended and upsized its revolving credit facility to $275 million from $210 million.

RBC Capital Markets, Bank America Merrill Lynch, KeyBank Capital Markets, SunTrust and Regions Capital Markets are the joint lead arrangers. ING Capital was the managing agent, and RBC Capital Markets was the bookrunning manager. Royal Bank of Canada was the administrative agent. The bank syndicate also includes Barclays and Western Alliance.

"We are pleased to close on this oversubscribed, upsized financing with the strong support of five existing banks and three new lenders," Sureel Choksi, president and chief executive officer, Vantage Data Centers, said in a company press release.

"This financing enables Vantage to continue to support the growth of our customers by pursuing significant expansion in Santa Clara, Quincy and potential new markets."

Vantage Data is a Santa Clara, Calif.-based pure-play wholesale data center developer.

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