Harneys advises lenders on Digital Edge’s US$575 million holding company financing
The successful execution of this financing demonstrates continued strong lender confidence in the digital infrastructure sector across the region.
The lender group was made up of Clifford Capital, Deutsche Bank, MUFG, Sumitomo Mitsui Banking Corporation and Standard Chartered acting as mandated lead arrangers and bookrunners, and BNP Paribas and Stonepeak Credit as mandated lead arrangers.
The Harneys team was led by Lishi Fong, Singapore Managing Partner and Head of Transactional, with support from Lead Associate Nicole Teng, Counsel Richard Griffiths and Senior Associate Jonathan Lim, all based in the firm’s Singapore office. White & Case LLP acted as international counsel to the lenders.
Lishi commented: “We are pleased to have advised the lenders on this significant transaction for Digital Edge. The strong appetite from lenders underscores the continued confidence in high-quality digital infrastructure platforms across Asia-Pacific. It was a privilege to work alongside our clients and White & Case, and we look forward to supporting further growth in this dynamic sector.”
The Banking & Finance practice group at Harneys has decades of experience in offshore credit and security legal issues relating to debt finance, including loan finance, debt issuance, lease financing, shariah compliant finance, distressed debt and enforcement of security and derivatives. The team’s deep understanding about the business environment in which their clients operate help build strong networks with industry players and service providers in key markets around the world.
