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@ Layer3.news
2025-06-09 14:26:21
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VANTAGE RAISES $820 MILLION IN A FIRST-OF-ITS-KIND CLOUD AND AI DATA CENTER DEAL IN EUROPE
https://image.cnbcfm.com/api/v1/image/108012655-1722033801363-AZ11_Exterior_aerial.jpg?v=1722033963&w=1920&h=1080
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✍️ Vantage Data Centers, a US-based data center operator, has raised €720 million in the first-ever euro-denominated asset-backed securitization deal in Europe, using four data centers in Germany as collateral.
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👉 First-ever euro-denominated asset-backed securitization deal in Europe
👉 Four data centers in Germany used as collateral
👉 €720 million raised
👉 Average coupon of 4.3% on the bonds issued
👉 Funds will be used to pay off existing construction loans
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#SharifMetwalli #RichCosgray #Germany #Berlin #Frankfurt #Cardiff #business
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