Davis Polk advised the initial purchasers on a Rule 144A/Regulation S offering of $600 million aggregate principal amount of 5.875% senior notes due 2021 by DuPont Fabros Technology, L.P. We also advised Goldman, Sachs & Co. as dealer manager in connection with DuPont Fabros Technology L.P.’s cash tender offer for its outstanding 8.5% senior notes due 2017 and related consent solicitation. The tender offer will be funded in part with the proceeds of the notes offering.
Headquartered in Washington DC, DuPont Fabros Technology is a leading owner, developer, operator and manager of wholesale data center facilities used by tenants—primarily national and international technology companies—to house, power and cool computer servers.
The Davis Polk capital markets team included partner Alan Dean and associates Liang Dong and Alice Z. Chen. The tax team included partner Michael Mollerus, associate Craig A. Phillips and law clerk Adam Bedzow. All members of the Davis Polk team are based in the New York office.
