US data center operator QTS raises $4.6b in bonds
QTS, a US data center operator owned by Blackstone, sold US$4.6 billion of investment-grade notes to refinance credit facilities tied to a Fayetteville, Georgia, project that will house thousands of servers for companies such as Microsoft, Moody’s said.
Moody’s gave the debut public bonds a Baa2 rating, and the notes were priced to yield 1.375 percentage points over US Treasuries.
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