Vantage completes euro-based data centre ABS
Vantage Data Centers has successfully raised €640 million through the first euro-based securitisation of data centre assets in Continental Europe, with an additional €80 million in unfunded Variable Funding Notes.
MAIN POINTS
- Vantage Data Centers raised €640 million in securitised term notes.
- This marks the first euro-based securitisation of data centre assets in Continental Europe.
- An additional €80 million in unfunded Variable Funding Notes is included.
- The Class A-2 Notes received an A- rating.
TAKEAWAYS
- Vantage's funding initiative represents a milestone in European data centre financing.
- The securitisation approach highlights growing investor interest in data centre assets.
- The A- rating indicates strong financial stability and creditworthiness.
- This transaction could pave the way for future euro-based data centre securitisations.