InfraComputeThe capital behind compute.

InfraCompute / Deals

Raxio sustainability-linked debt facility

Sustainability-linked debt facility (multi-tranche) for Raxio Group, Up to US$170m, of which US$110m from Proparco and EAIF, 17 April 2023.

Key terms

Borrower or issuer
Raxio Group
Date
17 April 2023
Structure
Sustainability-linked debt facility (multi-tranche)
Amount
Up to US$170m, of which US$110m from Proparco and EAIF
Pricing
Interest linked to water and energy targets (margins not disclosed)
Sources
1 public source below

Recorded terms

Lender type
Development financeNamed lender: Proparco and the Emerging Africa Infrastructure Fund (PIDG)
Lenders and arrangers
Proparco and the Emerging Africa Infrastructure Fund (PIDG)
Use of proceeds
Tier III data centres across Africa
Region
Africa

Parties

Similar financings

Same structure, other borrowers, closest in date.

More from Raxio Group

All Raxio Group 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. Meridiam: Raxio Data Centres raises up to US$170m sustainability-linked debt facilitySource date: 17 April 2023

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.