Flexential raised $2.1 billion through the sale of securitized notes backed by its 23 data centers, the company’s first issuance and the year's largest securitized data center notes sale in the United States, a sign of expanding demand for the properties as internet use has surged in the pandemic.
Flexential Raises $2.1 Billion in Its First Data Center Bond Offering, Nation’s Largest This Year
Almost 90% of Notes Rated Investment Grade by Kroll Bond Rating Agency
CoStar News
December 8, 2021 | 7:52 P.M.
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