Telx Secures $175M of Debt Financing

Telx Group, a portfolio company of GI Partners since a 2006 LBO, has secured $175 million of debt financing. The senior secured credit facility includes a five-year term loan and a $25 million revolving line of credit with a four-year term. The loan has been used in part to repay outstanding indebtedness, while the undrawn revolver will be used for general corporate purposes. Goldman Sachs and Deutsche Bank served as joint-lead arrangers.