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Vultr Secures $255M to Expand Global AI and Cloud Infrastructure
📅 - In addition to $74 million in recently closed lease financing, Vultr, one of the biggest privately held cloud infrastructure companies in the world, announced the closing of a $255 million syndicated credit facility. With the extra funding, Vultr intends to further establish its dominance in the market for independent cloud providers by extending its worldwide presence in artificial intelligence (AI) and cloud computing infrastructure to cater to its fast-expanding clientele.
The new funding includes a $35 million uncommitted agreement. J.P. Morgan, Bank of America, and Wells Fargo spearheaded the syndicated lending facility, with Citi, Goldman Sachs, and KeyBank joining in.
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📅 - In addition to $74 million in recently closed lease financing, Vultr, one of the biggest privately held cloud infrastructure companies in the world, announced the closing of a $255 million syndicated credit facility. With the extra funding, Vultr intends to further establish its dominance in the market for independent cloud providers by extending its worldwide presence in artificial intelligence (AI) and cloud computing infrastructure to cater to its fast-expanding clientele. 
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