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Vantage Data Centers has received $5 billion in financing to further its expansion in the sector. Some $2.25 billion will fund the development of the firm’s campus in New Albany, Ohio, while the remainder will augment the company’s credit facility.

Mitsubishi UFJ Financial Group and Société Générale led the construction financing portion. A bank syndicate led by Wells Fargo Securities, along with joint bookrunners TD Securities, Truist Securities and Scotiabank, arranged the expanded corporate facility.