Vantage Data Centers Raises $1.35 Billion in Securitized Notes for Expansion and Sustainability Initiatives
Vantage Data Centers, a leading provider of hyperscale data center campuses, has successfully raised $1.35 billion in securitized notes, marking its largest debt transaction to date. This financing round includes various tranches of Class A and Class B notes, with the proceeds primarily aimed at refinancing existing financings for data centers in Northern Virginia and Quebec, Canada. The funds will also be utilized for general corporate needs.
Deutsche Bank Securities acted as the sole structuring advisor for the transaction, while Societe Generale, Truist Securities, and Wells Fargo Securities served as joint active bookrunning managers. Notably, this financing achieved a Green Bond designation, highlighting Vantage’s commitment to sustainability. Morningstar Sustainalytics provided a Second-Party Opinion (SPO) in September 2023, further validating the company’s green financing efforts.
Vantage Data Centers has been actively pursuing securitization financing since 2018, and this latest transaction brings their total green loan financings to over $2 billion. Sharif Metwalli, Vantage’s CFO, expressed gratitude for the ongoing support and partnership from lead investor DigitalBridge. Metwalli emphasized that this financing strengthens the company’s financial position and enables them to meet customer demand while aligning with sustainability goals.
Jon Mauck, Senior Managing Director at DigitalBridge, commended Vantage for its growth strategy and ability to execute even in challenging market conditions. He highlighted Vantage’s unique position in the digital infrastructure space, catering to hyperscalers and cloud providers worldwide.
In addition to this financing, Vantage recently announced a significant investment from AustralianSuper, which will accelerate the company’s expansion in the EMEA region. This investment, along with DigitalBridge’s continued support, positions Vantage for long-term growth and global value creation.
It is important to note that the notes have not been registered under the Securities Act of 1933 and may not be offered or sold without proper registration or exemption. This press release does not constitute an offer to sell or a solicitation of an offer to buy any notes.
Vantage Data Centers continues to power, cool, protect, and connect the technology infrastructure of major hyperscalers, cloud providers, and large enterprises across five continents. With a focus on innovative data center design and scalability, Vantage aims to deliver reliability, efficiency, and sustainability in flexible environments.
For more information about Vantage Data Centers, visit their website at https://www.vantage-dc.com.
DigitalBridge is a global alternative asset manager specializing in digital infrastructure investments. With over 25 years of experience in the digital ecosystem, including cell towers, data centers, fiber, small cells, and edge infrastructure, DigitalBridge manages a portfolio of digital infrastructure assets worth over $70 billion. Headquartered in Boca Raton, Florida, DigitalBridge operates globally with key offices in New York, Los Angeles, London, Luxembourg, and Singapore.
For more information about DigitalBridge, visit their website at www.digitalbridge.com.