CoreSite has raised $150M in a debt offering, via a private placement to accredited investors. According to CoreSite, the 3.75 percent Senior Notes are due in 2027. The company said the proceeds of the financing will go to refinance existing debt and for general corporate purposes.
Country: United States
Region: North America
Short Code: MI1
Usable SqFt: 30,176
Ownership: CoreSite owns the building.
CoreSite’s MI1 data center in Miami provides connectivity from the U.S. to South America, as well as existing and scalable connectivity to NAP of the Americas. Built to withstand a Category 5 hurricane.