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Brookfield-backed data center firm to go public
<![CDATA[Brookfield-backed data center services provider CSquare is coming out of the shadows as the company goes public. The Dallas-based firm is looking to raise as much as $1.35 billion in an initial public offering, Bloomberg reported. It’s seeking to sell 50 million shares priced between $23 and $27 each, according to a filing with the Securities and Exchange Commission. At the high end of that range, the market valuation of the company would be $4.18 billion. Proceeds from the IPO will pay off the $734 million outstanding debt on a revolving credit facility, along with a $75 million promissory note […] This article originally appeared on The Real Deal. Click here to read the full story. ]]>
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