Santander Corporate & Investment Banking (Santander CIB) is proud to have acted as Sole Bookrunner on Prime Data Centers’ inaugural $900 million Senior Secured Notes offering for its Chicago campus.

The financing will support the refinancing and continued development of ORD Building 1, a fully leased hyperscale data center located in the Chicago market. The transaction represents a significant milestone in digital infrastructure financing and reflects the growing demand for strategic assets underpinning the digital economy.

The transaction further strengthens Santander CIB’s position as a leading advisor and financing partner for complex infrastructure projects, highlighting its ability to structure innovative capital solutions tailored to clients’ needs.

The project will contribute to the expansion of digital infrastructure in one of the United States’ leading data center markets, supporting the capacity required to meet increasing demand for cloud services and data storage.

Through this transaction, Santander CIB continues to expand its track record in the digital infrastructure sector, supporting clients in the execution of large-scale strategic projects through specialised financing solutions and efficient access to capital markets.

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