DataBank to Issue $658 Million of Secured Notes in Inaugural Securitization Offering
DataBank to Issue $658 Million of Secured Notes in Inaugural Securitization Offering First-Ever Securitization in Enterprise Data Center Colocation Environment News provided by Share this article DALLAS, March 12, 2021 /PRNewswire/ -- DataBank, a leading provider of enterprise-class colocation, connectivity, and managed services, today announced that it will issue $658 million of secured notes in its first-ever securitization offering. The new securitization notes will refinance DataBank's existing credit facility, providing additional capital to support expansion, while substantially redu...
Source: prnewswire.com