Switch raises $1.7 billion via ABS financing
Money to be partly used to refinance the loan that took it private
Money to be partly used to refinance the loan that took it private
European market prime for asset-backed securitizations
Loan backed by revenue of 31 data centers
Funds will be backed by company’s 30 data centers across North America
Company becomes latest data center firm to secure ESG-linked debt
Company makes large securitization, uses revenue from 17 data centers as collateral