Our Finance Group helps clients navigate the business and legal complexities of novel and multidimensional debt financing transactions. We fully understand the challenges faced by borrowers, investors and lenders throughout a company’s lifecycle, from evolving techniques in acquisition finance to the tensions inherent in distressed situations. We are the firm of choice for the most innovative and complex financing matters, including bespoke structured financings and whole-business securitizations of novel assets and restructurings of multibillion-dollar companies.
Cologix, Inc. Closes $255 Million in Credit Facilities
- Client News
- July 20, 2015
Paul, Weiss client Cologix, Inc. and its affiliate Cologix Canada, Inc. closed first and second lien financing facilities aggregating $255 million in credit. The first lien facility provided $115 million of first lien term loans, a $10 million first lien revolving credit facility and commitments for $95 million of first lien delayed draw term loans under a syndicated credit agreement arranged by Royal Bank of Canada. A $35 million second lien term loan facility was arranged by Goldman Sachs Specialty Lending Group, L.P. Cologix, Inc. provides interconnection and secure colocation services in major markets throughout the United States and Canada.
The Paul, Weiss team included corporate partner Dale Sarro and counsel Stephen Koo; tax partners David Mayo and David Sicular; international trade counsel Richard Elliott; and intellectual property counsel Menachem Kaplan.