Pulsant has completed a five-year refinancing and extension of its debt facilities, adding four new lenders and taking total capacity to £187 million.
The package includes an accordion feature, giving the option to draw further debt if required. Pulsant says the facility will back expansion across the UK, with a focus on future acquisitions and investment in its estate of 14 sovereign data centres, alongside its high-speed, low-latency network and hybrid cloud capabilities delivered via platformEDGE.
The company says the funding will support growth in underserved regions and target improvements to operational performance and resilience across the estate.
“We are very pleased to be working with some fantastic lenders who are supporting our strategic goal of creating the UK’s leading Edge platform,” said Brad Petzer, CFO, Pulsant.
“This deal is the latest in a series of milestones for Pulsant, as earlier this year we completed the acquisition of two regional data centres from SCC. The deal was designed to help more businesses in the Midlands and South West to benefit from Pulsant’s unique network of data centres and platformEDGE and to help them reach new markets.”