Sungard Availability Services Gives Enterprises Streamlined Edge to Everywhere Access
Accelerates network transformation, partners with Unitas Global to expand interconnection capabilities
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WAYNE, Pa., April 21, 2021 /PRNewswire/ Sungard Availability Services (Sungard AS), a leading provider of highly available, cloud connected infrastructure in North America and Europe, today announced the expansion of its global network interconnection capabilities, significantly bolstering its reach and capacity worldwide. This software-defined network delivers flexible, performant and cost-competitive private interconnection, allowing Sungard AS to extend its network fabric to customer locations and empowering customers to rapidly address the rising demand for seamless connectivity end to end.
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Sungard Availability Services and Its Lenders Extend Debt Maturities and Amend Key Credit Terms to Support Growth Initiatives
Extension Affirms Business Transformation Progress as Evidenced Through New Solutions, Network Transformation Initiatives and Service Delivery Enhancements
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Sungard Availability Services (Sungard AS), a leading provider of highly available,
infrastructure in North America and Europe, today announced definitive agreements with its lenders to extend substantially all of its debt maturities from 2022 until 2024.
The amendments extend the maturities of both the senior and junior term loans and provide additional flexibility to continue investment in and execution of the Company s operating plan. Due to the enhanced liquidity position achieved year-to-date, the Company is also making a partial prepayment on both its senior and junior term loans in conjunction with the transaction.
Sungard Availability Services : and Its Lenders Extend Debt Maturities and Amend Key Credit Terms to Support Growth Initiatives marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.