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Ascenty term loan and debentures
Term loan and local debentures for Ascenty, About US$1.025bn: US$825m term loan and about US$200m of local debentures, 10 March 2023.
Key terms
- Borrower or issuer
- Ascenty
- Date
- 10 March 2023
- Structure
- Term loan and local debentures
- Amount
- About US$1.025bn: US$825m term loan and about US$200m of local debentures
- Pricing
- Not disclosed
- Tenor
- Five years
Recorded terms
- Lender type
- Bank loansNamed lender: Offshore term loan led by Itau
- Tenor
- Five years
- Lenders and arrangers
- Offshore term loan led by Itau, Natixis, Scotiabank, Credit Agricole, Banco MUFG Brasil and Mizuho, with six other banks; BRL debentures led by Bradesco
- Use of proceeds
- Extends maturities and funds Brazilian expansion
- Region
- Brazil
- Notes
- The BRL debentures were swapped to US dollars.
Parties
Similar financings
Same structure, other borrowers, closest in date.
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Sources
- Convergência Digital: Ascenty raises more than US$1bn in debt in BrazilSource date: 10 March 2023
- DCD: Ascenty obtains US$1,025m to finance construction of new data centersSource date: 10 March 2023
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
