Flexential establishes $800m credit facility, upsizing initial target by 60 percent

Flexential establishes $800m credit facility, upsizing initial target by 60 percent

Plans to expand capacity in key markets

Flexential Raises $800 Million Credit Facility

Flexential closed an oversubscribed $800 million credit facility, expanded 60% from its $500 million target, to finance over 130 MW of new data center capacity in Atlanta, Portland, and Denver with backing from an 11-bank syndicate and equity sponsors GI Partners and MSIP. Flexential’s $800 million credit facility is a dedicated financing platform designed to accelerate data center capacity expansion in high demand U.S. markets amid rising enter…