John Schueller~~Katherine Draper~~Jessica Ryan~~Jonathan Cantor~~Kris Liu~~Michael Slomovics~~Jeanne Annarumma~~J. Struhs~~Dennis Loiacono~~Timothy Gallagher~~Clark Vaughn~~Jonathan Pall~~Michael Isby
January 24, 2026
TierPoint Completes $1.06 Billion Secured Data Center Revenue Notes Issuance

1 min
AI-made summary
- Special-purpose subsidiaries of TierPoint, LLC conducted an offering of up to $1.06 billion in Secured Data Center Revenue Notes, including $225 million in Series 2023-1 Class A-1 Variable Funding Notes, $360 million in Series 2023-1 Class A-2 Term Notes, and $475 million in Series 2023-2 Class A-2 Term Notes
- TierPoint operates data centers across the United States, providing various technology services to customers
- Simpson Thacher advised on the transaction.
The Firm represented special-purpose subsidiaries of TierPoint, LLC (“TierPoint”) in connection with an offering of up to $1.06 billion of aggregate principal amount of Secured Data Center Revenue Notes, consisting of up to $225 million of aggregate principal amount of Series 2023-1 Class A-1 Secured Data Center Revenue Variable Funding Notes, $360,000,000 of aggregate principal amount of Series 2023-1 Class A-2 Secured Data Center Revenue Term Notes and $475 million aggregate principal amount of Series 2023-2 Class A-2 Secured Data Center Revenue Term Notes.~~TierPoint operates data center facilities across the United States and provides colocation, connectivity and cloud services, managed services and business continuity and other services to customers.~~The Simpson Thacher team included John Schueller, Kate Draper, Rachel Lerman, Siak Goh, Melissa Lewis and Jessica Ryan (Capital Markets); Jonathan Cantor, Kris Liu, Zev Klein and Michael Slomovics (Tax); Jeanne Annarumma, J. Pasco Struhs (ERISA); Dennis Loiacono, Timothy Gallagher, David Rosenberg and Clark Vaughn (Real Estate); Jonathan Pall (Collateral); Michael Isby (Environmental); and Oliver McBain (London).
Article Author
John Schueller~~Katherine Draper~~Jessica Ryan~~Jonathan Cantor~~Kris Liu~~Michael Slomovics~~Jeanne Annarumma~~J. Struhs~~Dennis Loiacono~~Timothy Gallagher~~Clark Vaughn~~Jonathan Pall~~Michael Isby
The Sponsor
