Cologix has extended the maturity date of its credit facility and increased its borrowing capacity.

Having included JPMorgan Chase as Documentation Agent, the transaction was led by Royal Bank of Canada as Administrative Agent.  The remainder of the syndicate includes Bank of America and Scotia Bank. The company has also added two new institutions to its bank syndicate and announced that the proceeds will support the company’s ongoing acquisition and expansion activities, the company stated in a press release.

“RBC Capital Markets and JPMorgan Chase have been great supporters of our business so far and we are very pleased to add Bank of America and Scotia Bank to our existing lender group,” said Brian Cox (News - Alert), chief financial officer, Cologix. “We have successfully increased and extended our borrowing capacity at more favorable terms and pricing providing the company with greater flexibility within its financial structure to invest in future opportunities.”

By providing growth capital financing for this Denver-based company, JPMorgan Chase stated that the company is excited to continue to build upon its relationship with Cologix and its management team. Companies such as Cologix are key employers and growth engines for its community, the company stated. In densely connected, strategically located facilities, Cologix provides massively scalable interconnection services and secure, reliable colocation services. Cologix currently serves more than 400 carrier, media, financial services and enterprise customers, with more than 200 network choices and nine prime interconnection locations.

Recently, the company announced the entry of Charter Communications (News - Alert), Inc., provider of advanced video, high-speed Internet, and telephone services, into the Cologix Dallas Infomart Meet-Me-Room. The 28,000-square-foot facility is located in the Dallas Infomart and was acquired in December 2010. The Cologix Dallas Infomart, which is a carrier hotel located in one of the most dense communications sectors in the U.S., is a popular facility among carriers, ISPs and content providers.