"The facility is structured over seven years and, said EXA Infrastructure CEO Jim Fagan, gives the company "an unrivalled ability" to continue investing in its network, at a time when its customers need growing amounts of capacity across more routes to handle an evolving set of applications and demands. "Our recent investments have already shown our strategic focus, and with this refinancing, EXA Infrastructure is firmly positioned to lead in network and digital infrastructure throughout Europe and across the Atlantic," he said."
"The refinancing was supported by lenders including MUFG Bank, DNB, Banco Santander, Landesbank Baden-Wuerttemberg, Lloyds Bank, Nord/LB, Goldman Sachs International Bank, NatWest, Kookmin Bank London Branch, Woori Bank London Branch, NIBC Bank, funds managed by Allianz Global Investors and funds managed by Edmond de Rothschild Asset Management. "We're proud to have the support of such high-calibre lenders and institutions who understand not only our business, but also the wider digital infrastructure landscape,""
EXA Infrastructure refinanced existing facilities and raised over €1.3bn in financing. The company operates 155,000km of fibre across 37 countries, including six transatlantic cables and the EXA Express lowest-latency link between Europe and North America. More than 65,000km of the network is 400G-enabled to provide scalability, ultra-low latency and high-bandwidth connectivity. The seven-year financing facility enables continued investment in additional routes and capacity to meet evolving application demands. The refinancing was supported by a syndicate of international banks and asset managers to underpin expansion across Europe and the Atlantic.
Read at ComputerWeekly.com
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