TierPoint Completes $1.06 Billion Secured Data Center Revenue Notes Issuance

The Firm represented special-purpose subsidiaries of TierPoint, LLC (“TierPoint”) in connection with an offering of up to $1.06 billion of aggregate principal amount of Secured Data Center Revenue Notes, consisting of up to $225 million of aggregate principal amount of Series 2023-1 Class A-1 Secured Data Center Revenue Variable Funding Notes, $360,000,000 of aggregate principal amount of Series 2023-1 Class A-2 Secured Data Center Revenue Term Notes and $475 million aggregate principal amount of Series 2023-2 Class A-2 Secured Data Center Revenue Term Notes.~~TierPoint operates data center facilities across the United States and provides colocation, connectivity and cloud services, managed services and business continuity and other services to customers.~~The Simpson Thacher team included John Schueller, Kate Draper, Rachel Lerman, Siak Goh, Melissa Lewis and Jessica Ryan (Capital Markets); Jonathan Cantor, Kris Liu, Zev Klein and Michael Slomovics (Tax); Jeanne Annarumma, J. Pasco Struhs (ERISA); Dennis Loiacono, Timothy Gallagher, David Rosenberg and Clark Vaughn (Real Estate); Jonathan Pall (Collateral); Michael Isby (Environmental); and Oliver McBain (London).

TierPoint Completes $1.06 Billion Secured Data Center Revenue Notes Issuance

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TierPoint Completes $1.06 Billion Secured Data Center Revenue Notes Issuance

AI-made summary

John SchuellerKatherine DraperJessica RyanJonathan CantorKris LiuMichael SlomovicsJeanne AnnarummaJ. StruhsDennis LoiaconoTimothy GallagherClark VaughnJonathan PallMichael Isby

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