InfraCompute / Deals
Switch: borrowing base and RCF to US$10bn
Corporate credit facility for Switch, US$10bn, 15 July 2025.
Key terms
- Borrower or issuer
- Switch
- Date
- 15 July 2025
- Structure
- Corporate credit facility
- Amount
- US$10bn
- Pricing
- Not disclosed
- Sources
- 1 public source below
What’s notable
Switch expanded its borrowing base and revolving facilities to US$10bn, with JPMorgan and TD Securities as co-structuring agents and joint lead arrangers. Borrowing-base structures let an operator draw against stabilised assets as they lease up.
Recorded terms
- Lender type
- Bank loansNo funder named; bank arranger: JPMorgan and TD Securities (co-structuring agents, JLAs, joint book...
- Lenders and arrangers
- JPMorgan and TD Securities (co-structuring agents, JLAs, joint bookrunners); Revolver: TD Securities and J.P. Morgan (joint lead arrangers and bookrunners); borrowing base: J.P. Morgan and TD Securities (co-structuring agents, JLAs and bookrunners)
Parties
Similar financings
Same structure, other borrowers, closest in date.
More from Switch
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
- Switch borrowing base and RCF expansion to US$10bnSource date: 15 July 2025
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
