Commercial MBS features creep into data center ABS deals

Issuers of bonds backed by data-center cashflows are structuring their offerings with features more commonly found in commercial mortgage-backed securities to make the deals more appealing to securitization investors of all stripes, sister publication Asset-Backed Alert recently reported

SPAC begins search for digital infra deals

Executives running blank-check company Spartacus Acquisition Corp. II have begun scouring the TMT landscape for a deal

Mereo acquires Data Stream, Xcelerate Networks, US

Mereo has completed the acquisition of Data Stream and Xcelerate Networks

Fidium closes asset-backed securitization, US

Fidium has closed its third fiber securitization transaction consisting of asset-backed term notes totaling around $664.6 million

Retelit secures financing, Italy

Retelit Datacenter has secured a €375 million financing to support its expansion of data centre operations in Italy

Ares hires CIO for digital infrastructure team

Ares Management hired Bill Davis as partner and CIO to the firm’s digital infrastructure team, the asset manager said on LinkedIn yesterday

Nebius strikes up to $27bn deal with Meta, plans PP for f...

Nebius Group has struck a five-year AI infrastructure supply agreement with Meta that could be worth up to $27 billion, as the Nasdaq-listed AI cloud provider separately proposed raising $3.75 billion through a private offering of convertible senior notes to fund its rapid expansion, the company said in a series of announcements

Empyrion Digital, CypressTel sign MoU for data centre cap...

Empyrion Digital has signed an MoU with Hong Kong-based Cypress Telecom and its affiliate DataShell

Nscale, Microsoft sign AI compute LOI, US

Nscale has signed a letter of intent with Microsoft to deliver up to 1.35GW of AI compute capacity at the Monarch Compute Campus in Mason County, West Virginia