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Home > Data Center > Strategic Data Center Secures up to $200 Million

Strategic Data Center Secures up to $200 Million

Strategic Data Center announced it has secured a revolving line of credit that converts into a permanent loan from Sunflower Bank.


Erdem Yasar Erdem Yasar
September 8, 2020
1 min read
Strategic Data Center Secures up to $200 Million

Strategic Data Center Fund Manager secured a revolving line of credit that converts into a permanent loan. According to the announcement, the credit facility will initially provide the ability to borrow up to $25,000,000. The company also stated that it anticipates increasing the size of the facility to aggregate commitments of up to as much as $200,000,000.

Acquiring and developing

Bryan Marsh, Chief Executive Officer of Strategic Data Center
Bryan Marsh, Chief Executive Officer of Strategic Data Center

The credit line will enhance the company’s ability to continue acquiring and developing a diversified portfolio of data center real estate assets. Sunflower Bank expedited the close of the first $25 million of the line of credit to help facilitate the acquisition of a data center property. Bryan Marsh, Chief Executive Officer of Strategic Data Center said,

“We appreciate the confidence and commitment that Sunflower Bank has made to our company. This credit facility provides us with the flexibility to capitalize on the growing number of data center opportunities in our pipeline. It also serves as a testament to the Company’s investment thesis, operational strength, and ability to execute within the data center real estate arena.”

See more Data Center News


Tags: Bryan MarshStrategic Data Center
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7. 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, Erdem was the managing editor of T3 Magazine.

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