InfraCompute / Deals
Sabey Data Center Issuer 2025-2
Data centre ABS for Sabey Data Centers, US$435m, 25 March 2025.
Key terms
- Borrower or issuer
- Sabey Data Centers
- Date
- 25 March 2025
- Structure
- Data centre ABS
- Amount
- US$435m
- Pricing
- A-2 5.966%Class coupons from SEC Form N-PORT fund holding reports
- Tenor
- 7-yr ARD; 25-yr legal final; zero scheduled amortisation
Recorded terms
- Lender type
- Bonds and securitisationsStructure: securitisation
- Tenor
- 7-yr ARD; 25-yr legal final; zero scheduled amortisation
- Security
- 7 hyperscale/enterprise DCs (WA x4, VA, NY, TX); shared collateral with 2020-1/2, 2022-1/2
- Lenders and arrangers
- TD Securities (arranger); Midland (servicer)
- Tenant or offtaker
- 74.4% IG; WA remaining lease 7.6 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 document | Dated | Governing law | In InfraCompute |
|---|---|---|---|
| Form ABS-15G Ex 99.1 (agreed-upon procedures / due diligence report) | 25 March 2025 | – | – |
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Sources
- Sabey Data Center Issuer 2025-2Source date: 25 March 2025
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
