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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Sunflower Bank Provides Up to $200MM Credit Facility to Strategic Data Center Fund Manager
Tuesday, September 8, 2020
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Lenders/Participants
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SunFlower Bank [Lender]
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Structure
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Revolving Line of Credit
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Amount
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$200.000
Million
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Borrower(s)
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Strategic Data Center Fund Manager, LLC
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Description
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A revolving line of credit that converts into a permanent loan from Sunflower Bank. The credit facility will initially provide the ability to borrow up to $25,000,000. Over time, and subject to certain conditions, Strategic Data Center anticipates increasing the size of the facility to aggregate commitments of up to as much as $200,000,000. The Company believes the credit line will significantly enhance its ability to continue acquiring and developing a diversified portfolio of data center real estate assets within the U.S. Sunflower Bank expedited the close of the first $25 million of the line of credit to help facilitate the acquisition of a data center property under the timeline of the seller. As Strategic Data Center continues to execute on acquisition opportunities and extend its reach, Sunflower Bank plans to lead a syndication to expand the credit facility and include other lenders with backgrounds in the commercial real estate sector.
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Industry
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Technology
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Sunflower Bank
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ABL Advisor
Deal Tables
2025
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