Hyperscale Data Plans $33.5 Million Tokenized Preferred Stock Offering
Oct 14, 2026
Data Centers
DataBank Secures $1.1 Billion in Hyperscale Asset Securitization
Sep 24, 2025
DataBank has announced the issuance of $1.1 billion in secured notes, marking its fifth securitization since 2021 and its first for hyperscale facilities.
DataBank has announced the issuance of $1.1 billion in secured notes into a new master trust, marking its fifth securitization since 2021 and its first for hyperscale facilities, announced in a press release. This move brings DataBank's total securitized portfolio to $3.23 billion of investment-grade bonds.
The new asset-backed securities (ABS) trust is notable for being dual-rated by both S&P and Moody's, with Moody's providing its first-ever data center ABS rating. The proceeds from this issuance will be used to refinance previous loans for the construction of DataBank's ATL4, IAD3, and LGA3 facilities, as well as to fund further data center capacity development across the U.S.
DataBank's President & CFO, Kevin Ooley, highlighted the company's ability to support both hyperscale and enterprise customers, reflecting the value and stability of its portfolio's earnings. The issuance was heavily oversubscribed, attracting 38 unique investors, indicating strong support for DataBank's strategic plans.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Silicon Brief, AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from Data Centers
Oct 16 EverWind Plans 420 Megawatt AI Data Centre in Nova Scotia Oct 16 Gartner Says $3.5 Trillion in AI Infrastructure Spending Faces Impairment Risk by 2030 Oct 16 KBRA Rated Anthropic BB+ Before $35 Billion Chip Financing Oct 16 China Proposes Export Controls for Advanced AI Models and Chips Oct 16 Hitachi Energy and Ansaldo Energia Partner on Data Center Power SystemsMore from Funding
Oct 16 RapidCanvas Raises $29 Million to Expand Enterprise AI Platform Oct 16 KBRA Rated Anthropic BB+ Before $35 Billion Chip Financing Oct 16 Goodweek Raises $12 Million for AI Management Platform Oct 16 Intuit Agrees to Acquire AI Billing Startup Sequence for Reported $200 Million Oct 16 Matters Raises $5 Million to Build AI Consumer BankFree newsletter
Silicon Brief
Weekly coverage of AI hardware developments including chips, GPUs, cloud platforms, and data center technology.
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
The Hackett Group
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
Ault & Company Invests $55 Million in Hyperscale Data
Sep 26, 2026
Data Centers
Hyperscale Data Sets November 12 Investor Day for Michigan AI Campus
Oct 05, 2026
Data Centers
Rising rates strain AI data center fundraising
Oct 15, 2026
Data Centers
CleanSpark Prices $2.276 Billion Notes for Sandersville Data Center
Sep 19, 2026
Data Centers
Cedar Investment Group Launches With More Than 2 GW of US Data Center Projects
Oct 06, 2026
Data Centers
Free, six days a week
Daily AI Brief: the AI news that matters, in your inbox.