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Flexential® Completes $2.1 Billion Inaugural Securitization Financing, The Largest-Ever Data Center And Green Bond Abs Issuance

Dec 02, 2021•over 3 years ago

Amount Raised

$2.1 Billion

Charlotte

Description

Flexential, a leading provider of data center colocation, cloud and connectivity, today completed the largest single asset-backed securities (ABS) issuance to date in the data center industry, including the largest-ever green data center ABS financing, to support rapid growth and development. The company issued the green notes under its new Green Finance Framework, which sets a new standard for green eligibility in the data center industry.

Company Information

Company

Flexential

Location

Charlotte, North Carolina, United States

About

Flexential empowers the IT journey of the nation's most complex businesses by offering flexible and tailored hybrid IT solutions comprised of colocation, cloud, connectivity, data protection, managed, and professional services. The company builds on a platform of three million square feet of data center space in 19 highly connected markets, and on the FlexAnywhereTM 100GB private backbone to meet the most stringent challenges in security, compliance, and resiliency. See how Flexential goes beyond the four walls of the data center to empower IT through an interactive map found on www.flexential.com. Flexential is a registered trademark of the Flexential Corp. Follow Flexential on LinkedIn, Twitter, and Facebook. Press Contacts:Adam NovakPAN Communications flexential@pancomm.com SOURCE Flexential

FundzWatch™ Score

62
Medium Activity

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