STACK Infrastructure, a leading global developer and operator of data centers, announced the issuance of $250 million in securitized notes priced at a fixed rate coupon of 5.900%.
Cumulatively, STACK has raised a total of $2.1 billion in Notes, rated “A-” by Standard & Poor’s, via its master trust program.
STACK’s growth continues to outpace the industry with a portfolio of more than 1GW of built and under development capacity, 2+GW of future development capacity planned across the Americas, Asia Pacific, and EMEA, and has more than 4 million square feet currently under development. STACK most recently announced the expansion of a Northern Virginia campus to 250MW, the groundbreaking for another 100MW campus in NoVA’s Prince William County, the expansion of the 200MW flagship Portland campus, a 72MW data center campus in Osaka, an 80MW hyperscale data center campus in Frankfurt, and the continued expansion of the Milan campus to over 50MW. STACK’s rapidly growing offerings and expanding global footprint make it one of the largest global private data center operators worldwide.