Vantage Data Centers has lined up $692 million in funding, and will use the money to refinance its existing debt and build additional capacity.
With Investment Grade Rating, Growth Gets Cheaper for Equinix
Equinix is now officially an investment grade company, joining Digital Realty as the only public data center providers to earn the coveted credit rating, which means lower rates on borrowing and access to a wider pool of capital to fund growth.
Wall Street Gains Help Data Center Developers Build Bigger Clouds
The data center industry’s winning track record on Wall Street will make it easier to finance future projects to drive the massive growth of cloud computing.
IO Lines Up $505 Million for Data Center Growth
Data center service provider IO has raised $445 million in debt capital from Deutsche Bank, and $60 million in additional growth capital from an affiliate of Macquarie Capital. The funding will help the company restructure debt,
Data Center Frontier is edited by Rich Miller, the data center industry’s most experienced journalist. For more than 15 years, Rich has profiled the key role played by data centers in the Internet revolution.