Switch, a leading data centre provider, announced on June 24, 2024, the successful completion of two asset-backed securities (ABS) transactions. The first issuance, which closed on March 14, 2024, totaled $752 million, and the second, which closed on June 17, 2024, amounted to $940.3 million. With a total of nearly $1.7 billion, these transactions make Switch the largest data center ABS issuer so far this year. The net proceeds will be used to refinance a portion of the company's take-private mortgage loan. Both issuances were designated as green bonds under International Capital Markets Association Green Bond principles, reflecting Switch's commitment to sustainable finance.