Vantage Data plans debt financing for Next Generation purchase

By Sara Rosenberg

New York, April 7 – Vantage Data Centers plans on using debt financing to help fund its acquisition of Next Generation Data from InfraVia Capital Partners, according to a news release.

Other funds for the transaction will come from equity from Digital Colony Partners and other investors in Vantage.

Closing is expected in the third quarter, subject to customary approvals.

Vantage Data is a Denver-based provider of hyperscale data center campuses. Next Generation is a U.K.-based purpose-built, carrier-neutral Tier III facility.

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