**Vantage Completes First Euro-Based Data Center Securitization**
Vantage Data Centers, headquartered in Denver, has successfully raised €640 million through the securitization of term notes—marking the first-ever euro-based securitization of data center assets in Continental Europe. The transaction also includes €80 million in unfunded variable funding notes.
The funds will be used primarily to refinance four fully leased data centers in Germany—two located in Frankfurt and two in Berlin. With a projected five-year repayment timeline, the proceeds will also support capital expenditures and contribute to broader corporate initiatives.
“The issuance of the first euro-denominated ABS in the data center sector marks a significant milestone in digital infrastructure financing,” said Rich Cosgray, Senior Vice President of Global Capital Markets at Vantage Data Centers. “Having previously issued the first data center ABS in both North America and EMEA (sterling-denominated), Vantage continues to showcase our innovative approach to capital markets and our ability to unlock new funding vehicles to fuel our global expansion.”
Legal representation for Vantage was provided by Clifford Chance LLP. Barclays and Deutsche Bank served as active joint lead managers on the transaction, with ING and Natixis acting as joint lead managers. Additional support came from ABN Amro, Banco De Sabadell, SMBC, and Societe Generale as co-managers.
*Pictured: A Vantage data center campus in Berlin.*
