Trending
Latest

Cologix hits $1bn in debt to finance Canadian data centre expansion

New round follows Cologix’s completion of a $3.0 billion equity recapitalisation of the company in 2022.

By TTC Newsroom

2 Mins

April 20, 2023 | 12:01 AM BST

Cologix hits $1bn in debt to finance Canadian data centre expansion

Rachel Stack, Cologix’s Chief Financial Officer. Source: Cologix

The Tech Capital

North America data centre operator Cologix has closed the issuance of CA$195 million (~US$145 million) in secured notes through a private placement transaction with a syndicate of institutional investors on April 5, 2023, the company said on Wednesday.

Premium Article

Subscribe free for unlimited premium access to The Tech Capital.com

The Tech Capital
Daily

Daily Brief

A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers

Share this article
Keywords
More From
Related Articles