Sullivan & Cromwell LLP advised CyrusOne Inc. on the deal.
CyrusOne Inc. completed its inaugural €500 million green bond offering on May 26. The notes will be eligible for purchase under the European Central Bank’s Corporate Sector Purchase Programme. CyrusOne intends to allocate an amount equal to the net proceeds from the notes to finance or refinance a portfolio of green projects and assets identified as eligible investments under CyrusOne’s Green Bond Framework, released this month.
CyrusOne is a U.S.-based real estate investment trust that owns, operates and develops enterprise-class, carrier-neutral, multi-tenant data center properties. Its customers operate in a number of industries, including information technology, financial services, energy, oil and gas, mining, medical and consumer goods and services.
Deutsche Bank, Barclays, and J.P. Morgan acted as active bookrunners for the offering.
The S&C team advising CyrusOne included Ari Blaut (Picture), John Horsfield-Bradbury, Sam Saunders, Sarah Mishkin and Kossi Anyinefa. Jeff Hochberg, Saul Brander and David Horton advised on tax matters. Kirsten Rodger and Anastasya Larasati advised on U.K./E.E.A. matters.
Involved fees earner: Ari Blaut – Sullivan & Cromwell; Saul Brander – Sullivan & Cromwell; Jeffrey Hochberg – Sullivan & Cromwell; John Horsfield-Bradbury – Sullivan & Cromwell; Kirsten Rodger – Sullivan & Cromwell; Samuel Saunders – Sullivan & Cromwell;
Law Firms: Sullivan & Cromwell;
Clients: CyrusOne Inc.;