By Karen Roman
Vinson & Elkins said it represented Aligned Data Centers in the closing of a new $2.58 billion credit facility to support the rapid expansion of its U.S. data center portfolio.
The credit facility is secured by an initial collateral pool of six high-performing, well-progressed assets within the company’s portfolio and comprises an initial term of three years, it stated.
“This structure represents a completely new tool in our toolkit, giving us enhanced flexibility as we scale our operations to meet growing customer demand,” said Meghan Baivier, Aligned Data Centers CFO.
The Vinson & Elkins team was led by Partners Eamon Nolan and East Berhane and Senior Associate Maria Borges.
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