InfraCompute / Deals
DigitalOcean: GPU/CPU equipment finance facility
Vendor or lease finance for DigitalOcean, US$725m, 10 September 2026.
Key terms
- Borrower or issuer
- DigitalOcean
- Date
- 10 September 2026
- Structure
- Vendor or lease finance
- Amount
- US$725m
- Pricing
- Fixed per advance at the term SOFR swap rate + 2.75%; commitment fee 0.20%, rising to 0.40% after six monthsAs stated in the source below
- Tenor
- Advances until Sep 10, 2027; monthly rent amortises each advance in full by Sep 10, 2030
What’s notable
A US$725m lease facility in which MUFG's leasing arm is lessor and each advance amortises in full through monthly rent by September 2030. Title passes for nominal consideration at payoff, and prepayment premiums are 5% in year one and 3% in year two. It shows the equipment-lease route to GPU funding for a listed cloud provider, as an alternative to a term loan.
Recorded terms
- Lender type
- Bank loansNamed lender: MUFG
- Tenor
- Advances until Sep 10, 2027; monthly rent amortises each advance in full by Sep 10, 2030
- Security
- Leased data centre equipment (GPUs, CPUs and other equipment); parent and subsidiary guaranty
- Lenders and arrangers
- MUFG; Axos; BMO; Wells Fargo; PNC; Arrangers / bookrunners: MUFG, BMO, Wells Fargo; Agent: MUFG (administrative agent and collateral agent), MUFG (administrative agent)
Similar financings
Same structure, other borrowers, closest in date.
More from DigitalOcean
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Sources
- DigitalOcean equipment financing announcementSource date: 10 September 2026
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
