Thursday, February 9, 2023
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory
  • Login
  • Register
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • How-Tos
    • Troubleshooting
No Result
View All Result
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • How-Tos
    • Troubleshooting
No Result
View All Result
Cloud7 News
No Result
View All Result

Home > Cloud Computing > Flexential closes $250 million debt offering

Flexential closes $250 million debt offering


Erdem Yasar Erdem Yasar
February 14, 2020
1 min read
Flexential closes $250 million debt offering

Flexential announced that its parent, Flexential Intermediate Corporation, issued $250 million of Senior Secured Notes due 2024.

Over the last two years, Flexential experienced robust customer demand in its core markets and has added additional capacity in response. Flexential will utilize the net proceeds from the offering, to support continued expansion in its key markets as well as to fund additional investments in support of its hybrid IT solutions offering. The notes and the guarantees will not be registered under the Securities Act or the securities laws of any state or any other jurisdiction and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from the registration requirements under the Securities Act and applicable state securities laws and foreign securities laws.

Expanding offerings

Chris Downie, Chief Executive Officer at Flexential
Chris Downie, Chief Executive Officer at Flexential

Chris Downie, Chief Executive Officer at Flexential said,

“We are pleased that the financing provides Flexential with long-term capital to support our continued expansion. We continue to see robust demand for our connectivity-rich platform and look forward to expanding our offerings to meet market demand.”

See more Cloud Computing News


Tags: Flexential
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Next Post
WordPress GDPR Cookie Consent plugin patch released

WordPress GDPR Cookie Consent plugin patch released

Related News

VMWare ESXi is now available on Google Cloud

VMWare ESXi is now available on Google Cloud

February 6, 2023 6:25 pm
Noventiq Closes DigiTech Acquisition

Noventiq closes DigiTech acquisition

February 5, 2023 2:00 pm
Keepit, announced the launch of its backup and recovery solution for Power BI

Keepit announced the launch of its backup and recovery solution for Power BI

February 5, 2023 11:00 am
NTT to add Palo Alto Networks' solution to its portfolio

NTT to add Palo Alto Networks’ solution to its portfolio

February 3, 2023 3:00 pm
Get free daily newsletters from Cloud7 News Get the Cloud7 Newsletter
Select list(s):

Check your inbox or spam folder to confirm your subscription.

By subscribing, you agree to our
Copyright Policy and Privacy Policy

Get the free newsletter

Subscribe to receive the latest IT business updates straight to your inbox.

Select list(s):

Check your inbox or spam folder to confirm your subscription.

Editor's Choice

What’s new in Linux kernel 6.2 rc6?

10 Best Web Hosting Services of 2023

Ubuntu 22.04 LTS is available for download. What is new?

CERN and Fermilab recommend AlmaLinux

7 best hosting control panels of 2023

How to update Linux Kernel without rebooting?

7 best Linux mail servers of 2023

7 best cPanel alternatives for 2023

7 best Linux web browsers for 2023

7 best CentOS alternatives

7 best Linux server distros of 2023

Interview with Igor Seletskiy on AlmaLinux

How to create a VM on VMware Workstation

Recent News

  • Twitter Blue benefits increase but the API will now cost $100 per month
  • Linux 6.1 is a Long-Term Support (LTS) Kernel now
  • Digital Realty signs 10-year power purchase agreement with ENGIE
  • Zoom to lay off 15% of its employees
  • phpMyAdmin 4.9.11 and 5.2.1 released

Cloud7 News
Cloud7 is a news source that publishes the latest news, reviews, comparisons, opinions, and exclusive interviews to help tech users of high-experience levels in the IT industry.

EXPLORE

  • Web Hosting
  • Cloud Computing
  • Data Center
  • Cybersecurity
  • Linux
  • Network/Internet
  • Software
  • Hardware
  • How-Tos
  • Troubleshooting

RESOURCES

  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory

Get the Cloud7 Newsletter

Get FREE daily newsletters from Cloud7 delivering the latest news and reviews.

  • About
  • Privacy & Policy
  • Copyright Policy
  • Contact

© 2023, Cloud7 News. All rights reserved.

No Result
View All Result
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • How-Tos
    • Troubleshooting
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory

© 2023, Cloud7 News. All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.