RagingWire Secures $140 Million Credit Facilities
SACRAMENTO, CA — (Marketwire) — 02/23/12 — RagingWire Data Centers, the nation-s premier data center provider, announced today that on December 9, 2011, the company secured $140 million in revolving credit facilities with two banks led by Bank of America, priced at a rate of US$ LIBOR plus 1.75% or 2.02% all-in. "RagingWire has secured a very favorable arrangement, both in terms of cost and flexibility," said Mark R. Morrow, vice president and chief financial officer of RagingWire