DuPont Fabros Technology, Inc. Closes $100 Million Secured Loan, Suspends Santa Clara Development and Reports Leasing Activity

Tuesday, October 28th 2008

DuPont Fabros Technology, Inc. announced that the Company closed on a $100 million secured loan with a syndicate of lenders led by KeyBank National Association. The loan has a three-year term with a one-year extension at a floating rate of LIBOR plus 3.50% (4.0% in the extension period) and includes quarterly principal payments of $500,000. The loan is secured by the Company’s newly constructed ACC4 prototype data center asset in Ashburn, Virginia,...