Our Work
Latham & Watkins Advises on QTS’ Upsized US$3.25 Billion Data Center Financing
July 30, 2026
Multidisciplinary team represents the financing sources in the data center operator's financing.
A unit of Blackstone-backed QTS Realty Trust LLC completed an upsized US$3.25 billion financing backed by a portfolio of 12 completed and fully leased data centers. JPMorgan acted as administrative agent and led the bookrunner group, which included Morgan Stanley and Wells Fargo.
Latham & Watkins LLP represented the financing sources in this deal with a corporate team led by partners Chirag Dedania, Omar Nazif, Nicole Fanjul, Brittany Ruiz, and Kelly Egers, with associates Adam Picker, Ana Núñez Cárdenas, Claire Bang, Rafael Grillo Avila, Julius Ma, April Yoon, Emily Moreton, and Tony He*. Advice was also provided on real estate matters by partners Becky Landau and Stephanie Fontanes, with associate Thomas Ficchi; on tax matters by partner Bora Bozkurt, with associate Shiyi Parsons; and on UCC matters by counsel Linda Kim, with associate Sean Travers.
*Not admitted to practice in New York. Admitted to practice in Victoria (Australia).