Simmons & Simmons has advised DATA4, the Brookfield-owned data centre operator, on the refinancing of its existing credit facilities amounting to €3.3 billion. The new financing package includes a €1.1 billion incremental CapEx Facility to support the growth of the business and future acquisitions. This transaction represents one of Europe's largest financings in the data centre sector, enhancing DATA4's capacity to meet the growing demand for digital infrastructure across Europe.
DATA4 is a leading European data centre operator which is headquartered in Paris. The company currently operates 35 data centres across its European platform in France, Italy, Spain, Poland, Germany and Greece.
This pivotal transaction builds on Simmons & Simmons’ market-leading sector expertise in the data centre industry, as part of its award-winning digital infrastructure offering.
Simmons & Simmons London led on the transaction for DATA4’s existing Growthco group and the team was headed by Partner Kirsty Barnes and comprised Partner James Bresslaw, Managing Associate Peter O’Donnell, Associates Yannis Gavriel and Mark Raynor and Trainee Solicitor Elena Anastasiou.
The Simmons & Simmons cross-border team consisted of Josh Gabriel and Rowan Hettige (Structured Finance & Derivatives, London), Louis-Maël Cogis, Elena Menidiatis and Eric De Oliveira (Financial Markets, Luxembourg), Alvaro Munoz (Financial Markets, Spain), Alessandro Elisio, Nicholas Lasagna (Financial Markets, Italy) and Edo Tedeschi (Corporate TMT, Italy) and Alexandre Grevet, Celine Larmet and Amine Lachheb (Financial Markets, France).
B2R (Rafał Stroiński, Magdalena Kalińska, Adam Janczewski) and Zepos & Yannopoulos (Athina Skolarikou, Gina Dimitropoulou, Marilisa Myrat) worked with Simmons & Simmons on the Polish and Greek elements of the transaction respectively.
