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Cloud Capital Achieves Landmark Success with One of the Highest-Rated and Largest ABS Issuances in the Data Center Sector, Raising $1.325 Billion
Cloud Capital’s attractive financing strategy was supported by highly strategic, stabilized assets with long-term triple-net leases to investment grade tenants in key data center markets. Cloud Capital, a leading data center investment management firm dedicated to acquiring high quality data centers globally, announced today the successful closing of its $1.325 billion asset-backed securities (“ABS”) issuance. This transaction represents the lowest Class senior notes (class A-2) pricing spread in the sector since 2021. The notes are backed by four stabilized data center assets in Northern Virginia and Minneapolis.
Cloud Capital Names Vivian Tongalson Head of IR and Capital Formation, Americas
Cloud Capital, a leading dedicated data center investment management firm focused on acquiring high quality data centers globally, is pleased to announce that Vivian Tongalson has been appointed as the firm’s Head of IR and Capital Formation in the Americas. With over 20 years of experience in alternative asset classes, including real estate and infrastructure, Ms. Tongalson has focused on developing relationships with institutional investors and consultants.
The Titans List – Global Industry Leaders Who Are Shaping the Future of Digital Infrastructure
Founder and CEO of CloudHQ (a wholesale data center developer, owner, and operator) and former CEO and Co-founder of DuPont Fabros Technology (another large-scale data center developer and operator), Hossein Fateh specializes in providing “plug-and-play” data center capacity to users with large Internet infrastructures