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Glossary / finance terms

Post-ARD step-up

The extra interest that accrues on securitisation notes not refinanced by the anticipated repayment date.

In the filed deals

STACK's Series 2021-1 Class A-2 notes carry a post-ARD note spread of 0.95%.

For in-house counsel

Take it to the documents

The filed wording behind GPU and data centre financings, for either side of the table. Previews are open; the full text is free with InfraCompute Weekly.

Related terms

Explanatory definition, not a statement that a particular transaction contains this term or a substitute for its contractual definition.

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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.

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