{"id":2148,"date":"2010-07-10T16:07:06","date_gmt":"2010-07-10T21:07:06","guid":{"rendered":"http:\/\/www.hostingdiscussion.com\/blog\/?p=2148"},"modified":"2024-07-30T23:08:48","modified_gmt":"2024-07-30T23:08:48","slug":"savvis-secures-new-loan","status":"publish","type":"post","link":"https:\/\/hostingdiscussion.com\/news\/savvis-secures-new-loan\/","title":{"rendered":"Savvis secures new loan"},"content":{"rendered":"

Managed hosting provider Savvis<\/a> has secured a $550 million term loan and a $75 million revolving credit facility to spend in outstanding securities and a repayment of its revolving credit loan. The arrangements are led by Bank of America-Merrill Lynch and Morgan Stanly Senior Funding.<\/p>\n","protected":false},"excerpt":{"rendered":"

Managed hosting provider Savvis has secured a $550 million term loan and a $75 million revolving credit facility to spend in outstanding securities and a repayment of its revolving credit loan. The arrangements are led by Bank of America-Merrill Lynch and Morgan Stanly Senior Funding.<\/p>\n","protected":false},"author":10784,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1838,48,52],"tags":[242,102,1562,174,1744,1745,206],"class_list":["post-2148","post","type-post","status-publish","format-standard","hentry","category-archives","category-asides","category-hosting-news","tag-credit","tag-financing","tag-loan","tag-managed-hosting","tag-savvis","tag-securities","tag-web-hosting"],"acf":[],"yoast_head":"\nSavvis secures new loan - Web Hosting News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hostingdiscussion.com\/news\/savvis-secures-new-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Savvis secures new loan - Web Hosting News\" \/>\n<meta property=\"og:description\" content=\"Managed hosting provider Savvis has secured a $550 million term loan and a $75 million revolving credit facility to spend in outstanding securities and a repayment of its revolving credit loan. 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