Savvis is adding global financial data centers in Brazil, Mumbai, and Sydney. The decision is based on the company’s customer base which gets access to low latency market data and other related statistics out of these data centers.
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.
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