Internap Technology Solutions Inc. – Data Center and Cloud Storage Provider Files Prepackaged Chapter 11 Citing Competition and Debt Load, Looks to Cut $293mn in Term Loan Debt in Debt-for- Equity Swap

March 16, 2020 – Internap Technology Solutions Inc. and six affiliated Debtors (dba Internap Corporation; NASDAQ: INAP, “INAP” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 20-22393. The Debtors, a provider of high-performance data center and cloud solutions, are represented…