Network Access Point Expansion in Brazil
Delphos served as financial advisor to Terremark Worldwide, Inc. (“Terremark”) on the expansion of the Network Access Point of Brazil, a state-of-the-art, data center facility providing customers with a comprehensive suite of managed solutions including managed hosting, collocation, network, and security services. The expansion, which nearly doubled the available collocation space at the facility, was completed in early 2010. The firm assisted Terremark in obtaining a $9 million long-term senior loan from the Overseas Private Investment Corporation (“OPIC”) to finance 70% of total project costs, which included purchases and installation of equipment, modification of the existing facility, financing costs, and others. OPIC committed to the investment in 2010.
Details
Category
- Telecom, Media and Technology
Client Name
Terremark
Services Provided
- Capital Raising
Region
- Latin America & the Caribbean
Country
- Brazil