DigitalOcean signs USD 725 million equipment financing facility for capacity expansion
Reuters2026/09/10 20:07- DigitalOcean entered a USD 725 million equipment finance facility to fund capacity expansion for its AI-Native Cloud platform.
- Facility matures Sept. 10, 2030. Includes an accordion option of up to USD 300 million the company intends to pursue.
- Proceeds earmarked for GPU, CPU, other equipment to meet expected demand in 2027 and 2028.
- MUFG Bank serves as administrative agent. Axos Bank, BMO, Wells Fargo acted as joint lead arrangers.
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