January 4, 2019 |
Digital Realty’s recent purchase of Great Hill Partner’s Brazilian data center Ascenty was partially financed with a $600m senior loan as part of a triple-tranche debt package syndicated by joint bookrunners Citi, ING and Natixis, according to a source close to the deal. Citi also acted as administrative agent.
The lead banks also recruited 10 additional banks and two institutional investors for a five-year, $775m debt package that includes the $600m senior secured first lien term loan, a $125m
Thirteen banks, two institutional investors finance the $1.8 billion acquisition