February 21, 2018 12:44 AM ET

Internet Software and Services

Company Overview of TeraGo Networks Inc.

Company Overview

TeraGo Networks Inc. provides business ISP, data, and cloud services for medium and large businesses in Canada. The company offers end to end data flow management, enterprise cloud and data center, and multi-office connectivity solutions. It provides single-tenant (private cloud), multi-tenant (public cloud), and bare metal cloud services; data center and colocation services; high speed Internet for businesses; voice services; and distributed denial of service mitigation services. The company was founded in 1999 and is based in Thornhill, Canada. TeraGo Networks Inc. operates as a subsidiary of Terago Inc.

55 Commerce Valley Drive West

Suite 800

Thornhill, ON L3T 7V9

Canada

Founded in 1999

Phone:

905-707-0788

Fax:

905-707-6212

Key Executives for TeraGo Networks Inc.

Chief Executive Officer, President and Director
Chief Financial Officer
Chief Operating Officer
Vice President of Corporate Development
Vice President of Engineering & Operations
Compensation as of Fiscal Year 2017.

TeraGo Networks Inc. Key Developments

TeraGo Networks Inc. Presents at Cantech Investment Conference 2018, Jan-31-2018 02:50 PM

TeraGo Networks Inc. Presents at Cantech Investment Conference 2018, Jan-31-2018 02:50 PM. Venue: Metro Toronto Convention Centre, 255 Front Street West, Toronto, Ontario, Canada.

TeraGo Announces Maturity Date Extension of its Credit Agreement

TeraGo Inc. announced that an amendment was entered into between TeraGo Networks Inc., the company as guarantor, each of the Lenders and National Bank of Canada (as administrative agent), to an existing credit agreement dated June 6, 2014, as previously amended on March 6, 2015 (collectively, the "Credit Agreement"). The parties to the Credit Agreement agreed, among other things, to extend the maturity date from June 30, 2018 to June 14, 2021. The total credit facilities will decrease from an aggregate amount of $85.0 million to $75.0 million, to reflect principal repayments previously made which have reduced the non- revolving term facility from $50.0 million to $40.0 million. The other facilities consist of a $10.0 million revolving operating credit facility and a $25.0 million non-revolving acquisitions facility, the latter of which remains undrawn and available. National Bank of Canada, Royal Bank of Canada and The Toronto-Dominion Bank (collectively, the "Lenders") remain as syndicate lenders under the Credit Agreement. The covenants and other terms and conditions under the Credit Agreement remain substantially unchanged.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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