365 Data Centers has successfully refinanced a portion of its outstanding debt, bolstering its financial position. Known for its network-centric colocation, connectivity, cloud, and business continuity solutions, the company announced the refinancing on December 3, 2024.
This financial maneuver is set to increase cash flow for the company, leading to support for revenue growth initiatives, with a particular focus on infrastructure improvements to accommodate higher density deployments. The refinancing provides the necessary capital to fund the company’s ambitious growth objectives and fulfill its commitment to delivering cutting-edge Infrastructure-as-a-Service (IaaS) solutions to its customers.
The refinancing deal introduces Phoenix Merchant Partners to 365 Data Centers’ existing group of industry-recognized lenders. This new partnership is expected to bring tailored financing solutions that align with 365 Data Centers’ customer-focused approach.
This financial development comes at a time when 365 Data Centers is expanding its footprint across the United States. The company currently operates 20 data centers in key edge markets, along with a resilient, low-latency nationwide fiber network and four cloud regions. In addition, 365 Data Centers also recently announced strategic new hires to its leadership team, who will shepherd its growth trajectory heading into the new year. With over 1,400 customers, 365 Data Centers is poised to leverage this refinancing to enhance its service offerings and market position.
As the demand for colocation, network, and cloud services continues to grow, 365 Data Centers’ strategic refinancing move positions the company to capitalize on market opportunities and reinforce its role as a leading provider of hybrid data center solutions.
