DataBank, a provider of enterprise-class colocation, connectivity and managed services, signed definitive agreements to acquire zColo. TD Securities, Truist Securities and Société Générale underwrote debt financing associated with the transaction.
According to an 8K filed with the SEC, JPMorgan Chase Bank served as administrative agent on an amendment to Colony Capital’s revolving credit facility. The amendment improves the terms of Colony Capital’s financial covenants and increases the company’s borrowing base capacity.
The Wall Street Journal reported that Atlantic Club Casino Hotel, owned by California buyout firm Colony Capital, is preparing to file for Chapter 11 bankruptcy.