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Published on 3/21/2024 in the Prospect News Green Finance Daily.

Stack Infrastructure closes $240 million green structured debt

By Marisa Wong

Los Angeles, March 21 – Stack Infrastructure announced the issuance of $240 million of green securitized notes.

The notes were issued at the lowest blended spread over the Treasury rate of any data center issuer since October 2021, according to a press release.

This represents the company’s fourth securitization program funding event within the past 12 months and eighth since 2019. The company said it has cumulatively raised $2.83 billion of notes rated A- by S&P Global Ratings via its master trust program.

Stack is a digital infrastructure company based in Denver.


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