Yondr Group secures Global Letter of Credit Facility and European Holdco Facility for data center expansion

Type: Financing · Technology: Data Center · Country: Global (Europe and North America · Announced: 2026-06-03

Yondr Group secured two new corporate financing facilities—a Global Letter of Credit (LC) Facility and a European Holdco Facility—to accelerate its data center buildout across Europe and North America. The Global LC Facility was arranged by Natixis, alongside RBC Capital Markets and Société Générale as lenders, while the Holdco Facility included BNP Paribas, IFM Investors, F2i, and Principal Asset Management as lenders. Legal representation was provided by Linklaters LLP (sponsor counsel) and Milbank LLP (lender counsel) for the LC Facility, and Simpson Thacher & Bartlett LLP (sponsor counsel) and Latham & Watkins (lender counsel) for the Holdco Facility. The financing aims to enhance Yondr’s financial flexibility, supporting campus growth, faster delivery timelines, and expansion into new markets. Yondr operates data center campuses in Virginia, Texas, Canada, the UK, Indonesia, Japan, Germany, and the Netherlands, with prior ownership by Cathexis, Apollo Global Management, and Mubadala before its acquisition by DigitalBridge and La Caisse in July 2025. Allianz later acquired a minority stake in the company.

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