QTS Thunder Managing Issuer

243MW Blackstone QTS Data Center Assets (Thunder 2.0) - Refinancing

Borrower(s)
Industry
Telecoms and Communications/Data center
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

Authorization and issuance of $925 million in senior secured notes and an $825 million senior loan to refinance bank debt and enable equity distributions for a 243 MW portfolio of operating QTS data center assets.

Deal Volume
$1.75bn
Financial Close
10/12/2025
Dealmakers
Sources
Submitted by participant(s)

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Project Deals

243MW Blackstone QTS Data Center Assets (Thunder 2.0)
$1.75bn
Greenfield
Data center
North America
North America
United States