Cologix closes on $255 million first, second lien credit facility

By Wendy Van Sickle

Columbus, Ohio, July 29 – Cologix Inc. closed on its previously announced $255 million first-lien and second-lien secured credit facility, according to a Wednesday press release.

The first lien portion included $115 million of first lien term loans, a $10 million first lien revolving credit facility and commitments for $95 million of first lien delayed draw term loans.

Joint lead arrangers and joint book runners for the first-lien facility are RBC Capital Markets, TD Securities and CIT. The administrative agent is Royal Bank of Canada. Co-syndication agents are TD Securities and CIT.

The $35 million second-lien term loan was arranged by Goldman Sachs Specialty Lending Group, LP as is the lead arranger and administrative agent.

As previously reported, the facilities include a $60 million accordion feature.

The company said the financing will be used to build and acquire interconnection-focused data centers.

Based in Denver, Cologix is a provider of scalable interconnection services and secure colocation services.

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