Leading global provider of hyperscale data center campuses obtains $400 million secured equipment financing facility

Client(s) Leading global provider of hyperscale data center campuses

Jones Day advised a leading global provider of hyperscale data center campuses, together with its affiliates, in connection with a $400 million secured equipment financing facility, consisting of two tranches of $85 million and $315 million, respectively. The facility is structured as a series of progress payment advances tied to construction and delivery milestones.