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Centersquare Issuer 2025-4

Data centre ABS for Centersquare, US$390m, 21 August 2025.

Key terms

Borrower or issuer
Centersquare
Date
21 August 2025
Structure
Data centre ABS
Amount
US$390m
Pricing
5.2%
Tenor
ARD Aug 2032; RFD Aug 2055

Recorded terms

Lender type
Bonds and securitisationsStructure: securitisation
Tenor
ARD Aug 2032; RFD Aug 2055
Security
KBRA: The Series 2025-3/4 Notes are secured by 32 data centres generating approximately $560.0 million of Total Annualised Monthly Recurring Revenue (AMRR) and approximately $300.4 million of Annualised Adjusted Net Operating Income (AANOI) as of May 31, 2025 (the Statistical Disclosure Date). This includes the fee simple ownership interests in 16 multi-customer enterprise data centres (63.8% of AANOI) located in ten markets and leasehold interests in 16 multi customer enterprise data centres (36.2% of AANOI) located in ten markets. The 32 data centres are comprised of approximately 1,494,702 square remaining contract term of 2.5 years.
Lenders and arrangers
Banks named in accountants report (initial purchasers / arrangers): Wells Fargo Securities, LLC, BMO Capital Markets Corp.

Parties

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Filed documents and legal terms

The documents behind this financing that are filed on SEC EDGAR, with the governing law each states. Read any document in full before relying on it; filers may redact commercial terms.

Filed documents
2
Governing law
New York law
Quoted in the clause and contract libraries
0
THIS SERIES SUPPLEMENT SHALL BE GOVERNED BY AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

From the Csquare S-1 Exhibit 4.14: Centersquare Series 2025-4 supplement, filed with the SEC.

Filed documentDatedGoverning lawIn InfraCompute
Csquare S-1 Exhibit 4.14: Centersquare Series 2025-4 supplementAugust 2026New York law–
Form ABS-15G Ex 99.1 (agreed-upon procedures / due diligence report)6 August 2025––

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Sources

  1. Centersquare Issuer 2025-3Source date: 21 August 2025

About this record

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

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