REPORTS NORTH PARK VOLIGE Benefits $43. 5 Mil Senior Secured Credit Rating Service

by Shelton on April 10th, 2013

filed under Secured Credit

San Diego-based BARDEAU (American Net Services), a firm of information middle and also cloud hosting support solutions, reports Castle Credit Corp., an internet affiliate of Castle Purchase Team, has provided the organization any $43. five zillion elderly guaranteed credit score center. Terms of the transaction are not unveiled.

This specific financing demonstrates Fortress#39; ersus ongoing support for middle-market companies within the it center and fog up support industry, stated Ashton kutcher Sands, the Fortress Investment Group controlling representative. AIS is really a recognized regional innovator in customized data center and impair support cloud service solutions and tend to be pleased to have got arranged this particular financing that will assistance their own future growth.

Re-financing AIS#39; financial debt enables all of us to gain historically low interest whilst providing sources for additional expense in new items and also solutions ongoing our marketplace development, as well as conference the particular creating needs of our own customers, stated Tim Caulfield, AIS CEO. We look forward to dealing with Fortress, an educated and also skilled lender to the Internet facilities sector.

DH Money LLC offered because adviser in order to AIS about the funding. DH Money is really a private purchase financial partnership with knowledge on the internet facilities and telecoms industries.