Markley Group gets $240 million syndicated bank facility via TD Bank

By Susanna Moon

Chicago, April 21 – Markley Group said it has obtained a $240 million syndicated bank financing package led by TD Bank.

Proceeds will be used for continued expansion of the company’s One Summer Street regional data center facility in Boston as well as its cloud offerings, as well as for the development of new sites in New England and other “strategic” markets, according to a company press release.

“This new and robust financing package allows us to accelerate our growth and explore new projects in new markets, all while continuing to stay true to our customer-centric culture and business model, and delivering unparalleled services as the region’s leading telecommunications, cloud and data center operator,” Jeffrey D. Markley, CEO of Markley Group, said in the press release.

Markley is a Boston-based telecommunications and data center operator.

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