Clifford Chance

Clifford Chance advises Vantage Data Centers on Industry’s First Euro-Based Data Center Asset-Backed Securitization

10 June 2025

• Emma Matebalavu, Soojean Choi, Oliver Kronat, Olaf Mertgen, Dennis Blechinger, Tatjana Bougargour, Alexander Metzing, Robin Rebecca Molitor, Marc Mehlen, Antonio Arenas Torres, Federica Gamen, Matt Lyons, Avrohom Gelber, Steffen Waadt
• London

Clifford Chance advises Vantage Data Centers on Industry’s First Euro-Based Data Center Asset-Backed Securitization

Global law firm Clifford Chance has advised Vantage Data Centers, a leading global provider of hyperscale data center campuses, as it raises €640 million in securitized term notes, marking the first-ever euro-based securitization of data center assets in Continental Europe.

The transaction includes an additional €80 million in unfunded Variable Funding Notes and follows Vantage’s success last year with the first-ever EMEA data center ABS completed in British pound sterling which Clifford Chance also advised on.

The cross-border Clifford Chance team advising was led by Partner Emma Matebalavu with support from Senior Associate Soojean Choi in London; Partners Oliver Kronat, Olaf Mertgen and Dennis Blechinger with Counsel Steffen Waadt and Senior Associates Tatjana Bougargour and Alexander Metzing and Associate Robin Rebecca Molitor in Germany; Partners Marc Mehlen, Counsel Antonio Arenas Torres, and Associate Federica Gamen in Luxembourg; and Partners Matt Lyons and Avrohom Gelber in the US.