Natixis Provides $2.6 Billion Syndicated Letter of Credit Facility to Support Switch's Data Center Expansion
Natixis Corporate & Investment Banking has closed a $2.6 billion syndicated Letter of Credit Facility for Switch, a global leader in data center infrastructure, to support its power procurement and expansion plans. This is the largest U.S. dollar-denominated LCF in the data center industry and aims to provide credit backing for new transmission and generation resources.
Topics: AI and cloud infrastructure corporate financing data center infrastructure power procurement syndicated loan