QTS Announces New $250 Million Term Loan Maturing January 15, 2026
OVERLAND PARK, Kan., Oct. 19, 2020 /PRNewswire/ -- QTS Realty Trust (NYSE: QTS), a leading provider of hybrid colocation and mega scale data center solutions, today announced that it has entered into a new
Term Loan D also provides for a
"We are pleased with the continued support from our lending partners in our credit facilities which provides QTS with substantial liquidity to support the continued growth across our platform," said Jeff Berson, Chief Financial Officer – QTS. "The additional Term Loan D further strengthens QTS' balance sheet, while increasing liquidity and extending debt maturities at attractive pricing, reflecting QTS' strong overall credit profile."
QTS engaged KeyBank National Association to serve as Administrative Agent and KeyBanc Capital Markets, Inc., BMO Capital Markets Corp. and PNC Capital Markets LLC as Joint Lead Arrangers and TD Securities (USA) LLC and Truist Bank as Co-Documentation Agents.
About QTS
QTS Realty Trust, Inc. (NYSE: QTS) is a leading provider of data center solutions across a diverse footprint spanning more than 7 million square feet of owned mega scale data center space throughout North America and Europe. Through its software-defined technology platform, QTS is able to deliver secure, compliant infrastructure solutions, robust connectivity and premium customer service to leading hyperscale technology companies, enterprises, and government entities. Visit QTS at www.qtsdatacenters.com, call toll-free 877.QTS.DATA or follow on Twitter @DataCenters_QTS.
Investor Relations Contact
Stephen Douglas, EVP Finance
ir@qtsdatacenters.com
Media Contact
Carter B. Cromley
(703) 861-7245
carter.cromley@qtsdatacenters.com
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SOURCE QTS Realty Trust, Inc.