Ashurst Perkins Coie has advised a consortium of lenders, arrangers and noteholders to Pure Data Centres Group (Pure DC) on a €700 million Platform Growth Facility with a €1 billion accordion, creating a framework to expand financing to approximately €1.7 billion.
The financing was provided by a syndicate of global banks and institutional investors comprising Allianz Global Investors, ABN AMRO, SMBC Bank International plc, Citigroup Global Markets, First Abu Dhabi Bank, and Infranity. The proceeds will support Pure DC's development pipeline and future site acquisitions across Europe and the Middle East.
The Ashurst Perkins Coie team was led by partner Antony Skinner, supported by associate Charles Guo, solicitor Sze-Chin Ong and trainees Jay Ho and Louis Lennon. Partner Alex Biles and senior associate Emma Bridger advised on the notes, with partner Katia Fettes, senior associate Anna Kozakiewicz and associate Jean-Baptiste Ntumba supporting on the Luxembourg law aspects of the financing.
