Commentary

Demystifying Credit: Data Centres

CMBS

Summary

This instalment of "Demystifying Credit", provides an introductory overview of data centres, their expanding presence in European market, addressing following questions:

-- What are data centres?
-- Why data centres exist and how do they operate?
-- What are the recent developments in data centres securitisation in Europe and the UK?
-- What are our key analytical considerations in rating transactions with exposure to data centres loans?