ING Bank, in its role as Coordinator and Bookrunning Mandated Lead Arranger, together with NIBC (Mandated Lead Arranger), has successfully closed a EUR52 million Credit Facility for The Datacenter Group to support the acquisition of two datacenter assets from Rabo Bouwfonds Communication Infrastructure Fund.
The transaction is a transformative deal for the Amsterdam-based datacenter company, which will add two new locations to its asset portfolio, as well as additional capacity to grow. ING Bank is acting as Facility and Security Agent.
Siemon van den Berg, CEO and founder of The Datacenter Group, says: “This transaction would not have happened without the support of ING and NIBC. We greatly appreciate their expertise in the datacenter field and look forward to continuing our buy-and-build strategy together.”