EdgeConnex Data Centers Europe BV: 04 April 2026
The principal source of payment of interest on the Notes and repayment of principal in respect of the Notes will be the right of the Issuer to receive interest, principal and other amounts payable under the Loans advanced by the Issuer to the PropCos pursuant to the Loan Agreement. Each PropCo will fund payments of such amounts to the Issuer pursuant to the Loan Agreement from its net operating income arising from the Data Centres and the related Tenant Leases.
EdgeConneX Data Centers Europe BV is a private limited liability company incorporated under Dutch law. The Issuer is a special-purpose entity that owns no assets other than (i) its rights to receive repayment of and other amounts payable under any Loans provided by it to each PropCo from time to time pursuant to the Loan Agreement (and any other funds received by it from each PropCo pursuant to the Loan Finance Documents), (ii) the cash balances of certain accounts and (iii) its rights under the Transaction Documents to which it is a party.
The Issuer is prohibited from acquiring other assets or incurring any indebtedness other than as specified in the Issuer Deed of Charge (as described in the Offering Circular) and has no employees.
As at the Closing Date, the data centres consist of two buildings located in Schiphol-Rijk, the Netherlands (being the "AMS04 Data Centre" and the "AMS05 Data Centre") with both facilities having an aggregate completed and operating capacity of approximately 67.6 megawatts.
EU & UK Risk Retention: EdgeConneX Holdings IV-D BV (the "Retention Holder") as originator will undertake to retain a material net economic interest of not less than 5% in the securitisation for the purposes of Article 6 of the EU Securitisation Regulation and for the purposes of the UK FCA Risk Retention Rules. The retained material net economic interest will comprise an exposure to the first loss tranche of not less than 5% of the nominal value of the securitised exposures.
US Risk Retention: EdgeConneX Holdings IV-D BV (the US Risk Retention Sponsor) will undertake to retain an economic interest in the credit risk of the securitised assets for purposes of compliance with the US Risk Retention Rules through an eligible horizontal residual interest.
Compare/contrast: Vantage Data Centers Germany Borrower Lux SÀRL