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Aligned completed a $1 billion senior secured credit facility that is the first U.S. data center sustainability-linked financing. The facility is one of the largest private debt raises in data center history, consisting of a $650 million term loan, a $100 million delayed draw term loan and a $250 million revolving credit facility. Aligned engaged TD Securities as the administrative and collateral agent; Goldman Sachs Lending Partners LLC as the syndication agent; and ING Capital LLC as the sustainability structuring agent. TD Securities, Goldman Sachs Bank USA, Citizens Bank, N.A., Deutsche Bank AG, New York Branch, and Nomura Securities International, Inc. served as joint bookrunners and joint lead arrangers for the facility.

Leer más…Aligned Closes $1 Billion Data Center Credit Facility

ADTRAN announced that TEC, a prominent provider of residential and business services for rural communities in Tennessee, Alabama and Mississippi, is the first to bring 10G services across the mid-south region. TEC is leveraging ADTRAN’s award-winning Total Access 5000 (TA5000) fiber access platform to deliver robust multi-gigabit services to hospitals, schools, universities and municipalities to enable any person, company or group to fully engage, learn and thrive in a Gigabit Economy.

Leer más…TEC Takes 10G Pole Position Across Tennessee, Alabama and Mississippi

A submarine cable of course! Today, 98% of international internet traffic is ferried around the world by subsea cables. A vast underwater network of cables crisscrossing the ocean makes it possible to share, search, send, and receive information around the world at the speed of light. In today’s day and age, as the ways that we work, play and connect are becoming increasingly digital, reliable connectivity is more important than ever before. A new subsea cable, Grace Hopper will run between the United States, the United Kingdom and Spain, providing better resilience for the network that underpins Google’s consumer and enterprise products.

Leer más…What is a Grace Hopper?

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