Vantage increases $ 820 million in a cloud and AI data center deal in Europe

The US Central Operator Vantage has increased 720 million euros ($ 821.4 million) – the first of the first attitude in Europe.

Second Securitization (ABS) deal, first euro-denomination, the first euro-denomination, which is the assets of the continent, covers four data center in Germany.

The company said that a $ 4.3% coupon will be paid on the bonds during this period.

Increases money using Facilities such as an ABS, Vantage, Data Center Infrastructure and future revenue collateral.

Vantage said he would first use funds to pay for existing construction loans provided for facilities.

“We believe that in particular, the ABS market is a real estate-centric, high-term quality renters, a long-term rented,” Sharif Metvalli, Vantage information centers, General Finance Specialist, told CNBC.

Vantage added that despite the large amount, investors exceed the amount raised.

“So, this operation was actually highly high,” rich Cosgray, “rich Cosgray, Wida’s richest vice-president of global capital markets said.

“Nevertheless, we were a large number of compatible financing, mainly two and four times, and we were able to evaluate a very meaningful way through the marketing process,” Cosgray said.

In Berlin in Frankfurt, in two and two facilities – about 55 megawatts and “fully leased to Hiperscale customers,” the company said. Four objects were estimated at more than $ 1 billion in the beginning of this year.

Last year, Vantage also raised £ 600 million with the first securitization of Europe, the Middle East and Asia (EMEA) Information Center. The deal was two of the company’s cardiff campus with 148 megawatts of electricity. Throughout the region, there is a capacity of 2500 megawatts of data centers in both or developing phases of the company.

The operation was represented by the British law firm Clifford, the British law firm Clifford, a joint lead manager and Vantage by Barclays Bank and Deutsche Bank.