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TierPoint secures $500M in financing

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St. Louis-based TierPoint, an information technology and data center company, has secured $500 million in new financing.

The company announced the completion of an asset-backed securities issuance. With the latest financing, the company has issued roughly $1.8 billion in asset-backed securities.

The financing will help the company deploy more data centers.

Read more from Data Center Dynamics.

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