Vantage Data Centers seeks $2B in loans from Pimco, PGIM as AI infrastructure financing boom accelerates

Vantage Data Centers is in discussions with Pimco and PGIM to secure roughly $2 billion in new loans, the latest in a string of massive financing rounds fueling the company’s bet on AI and cloud infrastructure demand. The deal would deepen an existing relationship between Vantage and Pimco, which participated in a $3 billion revolving credit facility consortium backing the data center operator in 2024. PGIM, the investment management arm of Prudential Financial, would bring another heavyweight balance sheet to the table. A company that treats debt markets like a buffet In February 2026, Ares Management led a $2.4 billion refinancing deal for the company. And in June 2025, Vantage closed a $5 billion green loan package to support its New Albany campus and existing facilities. Vantage operates 17 campuses across North America with over 4 gigawatts of IT load capacity. The company leases them out under long-term contracts to hyperscale clients who need the infrastructure for cloud services and AI workloads. Vantage is backed by DigitalBridge, the infrastructure-focused investment firm that is set to be acquired by SoftBank for approximately $3 billion. Why lenders can’t get enough of ...