Global law firm White & Case LLP has advised Netrality Data Centers, the largest, privately-held owner and operator of core interconnection facilities in the United States, on its US$605 million financing.
The transaction comprised a maturity extension of its existing credit facility, and the incurrence of incremental term loans and revolving commitments.
Netrality owns and operates strategic interconnected data centers and Meet Me Rooms, providing a mix of colocation, powered shell and wholesale data center solutions driven by fiber-dense network-rich interconnection environments. Its 18 properties span 3.3 million square feet and more than 100 megawatts of capacity across North America. Well capitalized with a long-term investment from Macquarie Asset Management, Netrality acquires strategically located core network interconnection data centers that provide best in market network resiliency, ensuring always-on connectivity for latency-sensitive and mission-critical businesses.
The White & Case team was led by partners Kerrick Seay and Andrew Weisberg, and included associates Chiara Eramo, Thomas Boulger, Sonia Patel and Elizabeth Mapelli (all in New York).
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