INTELLIGENT BRANDS // Data Centers

Some $ 7.9 billion focussed on funding existing and future development projects in the US .

The executed transaction is incremental to the $ 1.8 billion Revolving Credit Facility financing completed in May – leading to approximately $ 9.7 billion of additional debt capital raised with broad-based support from lenders .

“ The successful closing of this significant financing , combined with our strong business outlook for growth , expands our ability to deliver world-class digital infrastructure projects that meet the growing needs of our customers while positioning CyrusOne for future investment and development opportunities ,” said Eric Schwartz , CEO , CyrusOne . “ We are extremely grateful to our financial partners for their continued support of CyrusOne .”

Fran Federman , CyrusOne ' s Chief Investment Officer , said : " We are pleased to announce the completion of the Warehouse Credit Facility and the Revolving Credit Facility , both of which will provide CyrusOne with attractively priced capital and enhanced liquidity .

" Our ability to raise these debt facilities and the tremendous interest that we have received from the lender community are a testament to the strength of our business and the market ’ s confidence in our ability to continue to build on the significant momentum we have achieved thus far .”

In the past year , CyrusOne has taken steps to further meet customer demand for AI while enhancing the company ’ s sustainability goals .

In 2023 , CyrusOne launched Intelliscale , a state-of-the-art AI workload-specific data center solution developed to address the rapidly growing needs of AI applications and services .

CyrusOne also maintains a strong commitment to sustainability and last year announced its plan to accelerate its net-zero carbon pledge by a decade to 2030 .

Morgan Stanley , TD Securities and KKR Capital Markets served as lead arrangers for the Warehouse Credit Facility , while Wells Fargo served as lead arranger for the Revolving Credit Facility .

The Warehouse Credit Facility will primarily fund existing and future development projects in the US while the global Revolving Credit Facility will be used for working capital and for general corporate purposes .

Both facilities are sustainability-linked and align with sustainabilitylinked loan principles .

Accordingly , the pricing on the debt facilities will be adjusted based on achieving target reductions in Greenhouse Gas Emissions .

Global Infrastructure Partners also worked closely with the company in connection with these transactions .

CyrusOne is a leading global data center owner , developer and operator , delivering digital infrastructure solutions worldwide .

Based in Dallas , Texas , the company operates over 55 data centers across the US and Europe in key digital gateway markets . Specializing in comprehensive solutions for hyperscale and Fortune 1000 companies p .

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