Interoute plans new €640 million senior secured term loan B

By Sarah Lizee

Olympia, Wash., Sept. 18 – Interoute Communications Holdings Ltd. announced that its subsidiary, Interoute Finco plc intends to establish a new €640 million senior secured term loan B, according to a press release.

The company said the proceeds from the facility will be used to refinance the company’s existing term loan facility and to fund the redemption of its €350 million senior secured notes. Proceeds will also be used for general corporate purposes.

Interoute is a London-based information technology company.

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