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ViaWest gets $55 million additional loans, $10 million mezzanine debt
By Sara Rosenberg
New York, April 3 - ViaWest closed on a $55 million upsizing to its senior credit facility and received $10 million of additional second-lien mezzanine debt, according to a news release.
RBC Capital Markets acted as the lead arranger and bookrunner on the credit facility, and Barclays Private Credit Partners Fund LP and Solar Capital Ltd. provided the mezzanine financing.
Commitments for the financing were obtained from new and existing lenders.
Proceeds will be used to continue the company's market expansion and to further drive its product portfolio, particularly in cloud computing and managed services.
ViaWest is a Greenwood Village, Colo.-based data center, cloud computing and managed services provider.
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