
Stack Infrastructure issues $290 million in securitized notes
Its third structured debt financing of 2023
Its third structured debt financing of 2023
Company's largest debt transaction will be used to refinance eight data centers
Company finishes second securitized notes funding, increased fro $100m to $250m
Company undergoes its second round of fundraising for the year
Loan backed by revenue of 31 data centers
Blackstone-owned company refinances four data centers
Takes note financing to more than $2 billion
Money will be raised through securitization of revenue from eight data centers
Company follows on from $175 million securitized note issuance in 2021 and $800 million in 2020
Company makes large securitization, uses revenue from 17 data centers as collateral
Another data center firm looks to sustainability-linked financing
Company issues its second securitization this year, after raising more than $750m in March
Company also closes on an additional $375 million sustainability-linked loan
On top on $800 million in notes issued last year
Most of the money will go towards Vantage's debt
Gets more money from old loans
The company is the only data center operator to raise funds this way
Says investment will fund physical expansion