Ares invests in Sabey Data Centers
Company gains third investor, capital set to fund build-out
News - Investment / M&A / Financing, Sabey Data Centers
The latest news from the AI, data center, telco, chip, and cloud sector
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Sabey Data Centers to raise $150m for US expansion
Notes backed by tenant lease payments
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Sabey to issue $250 million in revenue notes
Company follows on from $175 million securitized note issuance in 2021 and $800 million in 2020
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Sabey Data Centers issues $175 million in securitized notes
On top on $800 million in notes issued last year
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Sabey lands $250 million refinance for 375 Pearl Street
Company uses 500,000 sq ft office condominium as collateral