InfraComputeThe capital behind compute.

InfraCompute / Deals

American Tower CoreSite acquisition term loans and facility upsizes

Acquisition loan for CoreSite, US$4.5bn, 8 December 2021.

Key terms

Borrower or issuer
CoreSite
Date
8 December 2021
Structure
Acquisition loan
Amount
US$4.5bn
Pricing
Not disclosed
Security
Senior unsecured

Recorded terms

Lender type
Bank loansNamed lender: Mizuho
Security
Senior unsecured
Lenders and arrangers
Arrangers / bookrunners: TD, Mizuho, Barclays, BofA Securities, Citi, RBC, Morgan Stanley, MUFG; Agent: Mizuho (administrative agent), BofA Securities (administrative agent)

Parties

Similar financings

Same structure, other borrowers, closest in date.

More from CoreSite

All CoreSite financings →

For counsel on this deal

Acting for a lender, borrower or sponsor on a financing like this? Start from the filed precedents. Previews are open; the full text is free with InfraCompute Weekly.

Sources

  1. American Tower CoreSite acquisition term loans and facility upsizesSource date: 8 December 2021

About this record

Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.

Read the structure

Randeep Bubbra

InfraCompute Weekly

The week in compute finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing data centres, GPU clouds and the power behind them. By Randeep Bubbra.

Working on a financing like this one? Book 20 minutes with Randeep to see how it compares.

Fridays, one email. Work email only. Unsubscribe any time. Privacy.