First citizens bank serves as lead arranger on $345 million in financing for databank data center

New york , dec. 12, 2023 /prnewswire/ -- first citizens bank today announced that its technology, media and telecommunications finance business served as lead arranger of $345 million in financing on behalf of databank for construction of a new hyperscale data center in the atlanta, georgia, area. a leading provider of enterprise-class edge colocation, interconnection, and managed cloud services, databank is expanding its data center capacity to meet the burgeoning demand for artificial intelligence applications.
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