The Firm represented special purpose subsidiaries of Retained Vantage Data Centers, LP in connection with an offering of $1.4 billion of aggregate principal amount of Secured Data Center Revenue Notes, consisting of up to $50 million of aggregate principal amount of Series 2023-1 Class A-1 Secured Data Center Revenue Variable Funding Notes, $776 million of Series 2023-1 Class A-2a Secured Data Center Revenue Term Notes, $(Cdn)380 million of Series 2023-1 Class A-2b Secured Data Center Revenue Term Notes, Revenue Term Notes, $43 million of Series 2023-1 Class B Secured Data Center Revenue Term Notes and $250 million of Series 2023-2 Class A-2a Secured Data Center Revenue Term Notes.
Vantage operates large scale, wholesale data center facilities and provides highly scalable, flexible and efficient data center solutions to hyperscale, cloud and enterprise customers.
The Simpson Thacher team included John Schueller, Katherine Draper and Sam Zhu (Capital Markets); Jonathan Cantor, Kris Liu and Zev Klein (Tax); Jeanne Annarumma, J. Pasco Struhs and Alexander Kharash (ERISA); Jonathan Pall (Collateral); Dennis Loiacono (Real Estate); Michael Isby (Environmental); and Oliver McBain (London).