Vantage Data Centers Raises USD$1.35 Billion in Securitized Notes for North American Platform
- Vantage Data Centers has raised $1.35 billion in securitized notes, its largest debt transaction to date.
- The proceeds from the transaction will be used to refinance existing financings and fund general corporate needs.
- None.
Transaction represents the company’s largest debt transaction to date and its fourth green financing
Vantage Data Centers VA12 facility in
The proceeds from this transaction are primarily being used to refinance existing financings in place for three data centers on the company’s flagship
Deutsche Bank Securities acted as Sole Structuring Advisor. In addition to Deutsche Bank, Societe Generale, Truist Securities and Wells Fargo Securities acted as Joint Active Bookrunning Managers on the transaction. Additionally, this transaction achieved a Green Bond designation via a Second-Party Opinion (SPO) from Morningstar Sustainalytics in September 2023. For additional details, please see the company’s Green Bond Framework.
“This transaction is Vantage’s ninth securitization financing since 2018. It’s also our fourth green financing bringing our total green loan financings to more than
“Vantage is delivering on its growth strategy, and despite inflation and the challenging capital markets, investors continue to be confident in Vantage’s ability to execute as evidenced by this securitization,” said Jon Mauck, senior managing director at DigitalBridge. “We look forward to further building on this momentum to drive value for our stakeholders, not only in
Vantage recently announced that AustralianSuper, Australia’s largest pension fund, will invest
The notes have not been, and will not be registered, under the Securities Act of 1933, as amended, and may not be offered or sold absent such registration, or an applicable exemption from the registration requirements thereunder. This press release is neither an offer to sell, nor a solicitation of an offer to buy any notes, nor shall there be any sale of the notes in any state or jurisdiction in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
About Vantage Data Centers
Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across five continents in
For more information, visit https://www.vantage-dc.com.
About DigitalBridge
DigitalBridge (NYSE: DBRG) is a leading global alternative asset manager dedicated to investing in digital infrastructure. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem including cell towers, data centers, fiber, small cells and edge infrastructure, the DigitalBridge team manages over
For more information, visit: www.digitalbridge.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231005263401/en/
Mark Freeman
Vantage Data Centers
mfreeman@vantage-dc.com
+1-202-680-4243
Robin Bectel
REQ for Vantage Data Centers
vdc@req.co
+1- 202-936-6335
Source: Vantage Data Centers
FAQ
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