Lasaygues assisted Deutsche Bank, Société Générale and Sumitomo Mitsui Banking Corporation in DATA 4’s record-breaking debt raising for its strategic development in Europe

Lasaygues advised Deutsche Bank, Société Générale and Sumitomo Mitsui Banking Corporation, as lead arrangers and original lenders, in connection with a landmark €620 million financing for DATA 4, whose ambition is to pursue its development strategy in Europe.
This new financing consists of a long-term loan for a maximum principal amount of €290,000,000 to refinance the Data 4 Group’s existing debt and intra-group loans, a long-term loan for a maximum principal amount of €310,000,000 to finance CAPEX projects, and a revolving loan for a maximum amount of €20,000,000 to finance the DATA 4 Group’s working capital requirements.
By 2024, DATA 4 plans to significantly increase the number of its data centers located in France, Italy, Luxembourg and Spain, and intends to expand into Germany.
The Lasaygues team consisted of Anne-Laure Lavoine (partner), Pierre de Boutiny and Emma Franchitti (associates).