DataBank Raises $1.1 Billion in Hyperscale Asset Securitization
The new master trust is the company's first for hyperscale facilities, and the industry's first data center ABS to be Dual-Rated by S&P and Moody's.
The proceeds will be used to refinance previous loans put in place to construct DataBank's ATL4, IAD3, and LGA3 facilities and to fund development of additional data center capacity across the its
The new trust was developed to attract a new pool of investors and was heavily oversubscribed with 38 unique investors indicating strong support for DataBank's strategic plans.
"This financing reflects DataBank's unique ability to support both hyperscale and enterprise customers," said
Today's announcement follows four previous securitizations: a
Today, DataBank operates the largest portfolio of data centers in the
S&P Global Ratings and Moody's Ratings provided an initial rating for the
About DataBank
DataBank helps the world's largest enterprises, technology, and content providers ensure their data and applications are always on, always secure, always compliant, and ready to scale to meet the needs of the artificial intelligence era.
Recognized by Deloitte in 2023 and 2024, and Inc. 5000 in 2024 as one of the fastest-growing private US companies, DataBank's edge colocation and infrastructure footprint consists of 65+ "HPC-ready" data centers in 25+ markets, 20 interconnection hubs, and on-ramps to an ecosystem of cloud providers with virtually unlimited reach.
We combine these platforms with contract portability, managed security, compliance enablement, hands-on support, and a guarantee of 100% uptime availability, to give our customers absolute confidence in their IT infrastructure and the power to create a boundless digital future for their business.
To learn more, follow us on LinkedIn or subscribe to our YouTube channel. To tour a facility, visit DataBank or call 1(800) 840-7533.
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SOURCE DataBank
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