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The Tech Capital CyrusOne secures $687m SASB loan for Dallas data centre

CyrusOne has secured a US$687.1 million Single Asset Single Borrower (SASB) CMBS loan for CyrusOne’s DFW1 data centre, the company’s inaugural CMBS issuance. This transaction brings CyrusOne’s total capital raised this year to nearly US$12 billion. Eric Schwartz, Chief Executive Officer...

The Tech Capital SGH, SKT partner on AI factory, secure $200 million in cash

Designer and developer of IT solution SMART Global Holdings, Inc. (NASDAQ: SGH) has secured a $200 million preferred equity investment from SK Telecom (SKT) (NYSE: SKM), an affiliate of SK Group. SGH said in a statement that it plans to use the capital from SKT’s investment to enhance its capabilities and add to the company’s financial flexibility as SGH further exp...

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