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CyrusOne Data Centers Issuer I 2025-1

Data centre ABS for CyrusOne, US$575m, 24 January 2025.

Key terms

Borrower or issuer
CyrusOne
Date
24 January 2025
Structure
Data centre ABS
Amount
US$575m
Pricing
5.91%Class coupons from SEC Form N-PORT fund holding reports
Tenor
5-yr ARD; 25-yr legal final

Recorded terms

Lender type
Bonds and securitisationsStructure: securitisation
Tenor
5-yr ARD; 25-yr legal final
Security
13 DCs in Northern Virginia, San Antonio and Houston
Lenders and arrangers
MUFG, KKR Capital Markets (arrangers); KeyBank (servicer); Structuring agent: MUFG Securities Americas Inc.; Banks named in accountants report (initial purchasers / arrangers): KKR Capital Markets LLC, SG Americas, Securities, LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, SMBC Nikko Securities America, Inc., Santander US Capital Markets LLC, Citigroup Global Markets Inc., Natixis Securities Americas, BBVA Securities Inc., Intesa Sanpaolo IMI Securities Corp., Bank of China Limited, Desjardins Securities Inc., Loop Capital Markets LLC
Trustee
Citibank
Tenant or offtaker
98 tenants, 83.5% IG; WA original lease term 8.6 yrs

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
1
Governing law
Not stated in the filed text
Quoted in the clause and contract libraries
0
Filed documentDatedGoverning lawIn InfraCompute
Form ABS-15G Ex 99.1 (agreed-upon procedures / due diligence report)24 January 2025––

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Sources

  1. CyrusOne Data Centers Issuer I 2025-1Source date: 24 January 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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