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Toronto Data Center Considers C$320 Million ABS Deal
Urbacon Data Centre Solutions is considering borrowing around C$320 million ($233 million) in a deal backed by a newly constructed data center in Toronto, according to people with knowledge of the matter.
Urbacon Data Centre Solutions is considering borrowing around C$320 million ($233 million) in a deal backed by a newly constructed data center in Toronto, according to people with knowledge of the matter. The data center has a long-term contract with a AAA rated technology company, said the people, who asked not to be identified discussing private information. The anticipated repayment date on the debt is in five years, they added.
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