Vantage: $820M Europe Data Centre Deal – Cloud & AI Focus
- data center operator,has successfully raised 720 million euros ($821.4 million) through an asset-backed securitization (ABS) deal.
- The company will pay an average coupon of 4.3% on the bonds issued.
- According to Vantage,the funds will primarily be used to repay existing construction loans associated with the German facilities.These four facilities, two in Berlin and two in Frankfurt, provide...
Vantage Data Centers made a significant move, securing $821.4 million thru an asset-backed securitization deal in Europe. This substantial investment will fuel the expansion of its European data center footprint, focusing on facilities in Germany. News Directory 3 reports that this marks the first euro-denominated ABS transaction for data center assets, indicating strong confidence in VantageS infrastructure. The funds, secured at an average coupon of 4.3%,will primarily refinance construction loans tied to these key strategic locations. The oversubscribed offering reflects high investor interest in data center assets, paving the way for further growth. Learn what’s next for Vantage and its European data center strategy.
Vantage Data Centers Secures $821M for european Data Center Expansion
Updated June 09, 2025
Vantage Data Centers, a U.S. data center operator,has successfully raised 720 million euros ($821.4 million) through an asset-backed securitization (ABS) deal. This marks the first euro-denominated ABS transaction for data center assets in Europe, focusing on four data centers located in Germany.
The company will pay an average coupon of 4.3% on the bonds issued. The ABS structure allows Vantage to leverage its infrastructure and future revenues as collateral to secure funding.
According to Vantage,the funds will primarily be used to repay existing construction loans associated with the German facilities.These four facilities, two in Berlin and two in Frankfurt, provide approximately 55 megawatts of power and are fully leased to hyperscale clients. Earlier this year, the facilities were valued at over $1 billion.
Sharif Metwalli, chief financial officer of Vantage Data Centers, saeid the ABS market is well-suited for their assets, citing the real estate-centric nature, high-credit-quality tenants, and long-term leases.
Rich Cosgray, senior vice president of global capital markets at Vantage Data Centers, noted that investor demand considerably exceeded the amount raised, despite the high leverage of the transaction.He added that the financings were oversubscribed, allowing them to tighten pricing during the marketing process.
Last year, Vantage raised £600 million through the first securitization of a data center in Europe, the Middle East, and Asia (EMEA), involving two units from its cardiff campus with 148 megawatts of power. Across the EMEA region,Vantage has 2,500 megawatts of data center capacity operational or under development.
What’s next
With the newly acquired funds, Vantage Data Centers is poised to further expand its data center presence and capabilities across Europe, meeting the growing demand for data center assets and supporting the digital infrastructure needs of hyperscale customers.