Cordiant Digital Infrastructure, an investor in the core digital infrastructure that enables modern communications and the internet, has signed a €200 million ($214 million) eurobond facility.
The facility provides fresh committed capital to finance new acquisitions from the company’s investment pipeline and fund growth capital expenditure within CORD’s existing portfolio of operating companies. The facility has been established through a private placement with an international syndicate comprising funds managed and/or advised by Schroders Capital, UBS Asset Management and Allianz Global Investors, as well as specialist infrastructure bank Kommunalkredit Austria.
“We are delighted by the strong demand in, and successful outcome of, this private placement, which has been supported by high quality, sector-specialist investors, reaffirming the attractive fundamentals and growth prospects of our existing portfolio,” said Steven Marshall, chairman of digital infra