TINC announces the successful refinancing of its portfolio company Datacenter United (B)

TINC announces the successful refinancing of its portfolio company Datacenter United (B)

 

 

Antwerp, September 30, 2025, 7:30 CET                                                   

TINC, the infrastructure investor listed on Euronext Brussels, is pleased to announce that its portfolio company Datacenter United (DCU) has raised a senior financing package of € 120 million from a consortium of banks comprising Belfius Bank, DNB and NIBC Bank. 

The new facilities include a drawn term loan of € 50 million to refinance existing senior debt of € 10 million and repay shareholder loans of € 40 million, an undrawn capex facility of € 50 million to fund the expansion plans of DCU through growth capex and bolt-on acquisitions, and a revolving credit facility and ancillary facilities of € 20 million for working capital and other general corporate purposes.

The new facilities provide DCU with a flexible capital structure to support its ambitious growth and acquisition plans.

As a result of the repayment of shareholder loans, TINC will receive a cash distribution, pro rata its 47,5% economic stake in DCU, of € 19 million. The proceeds of this distribution will be used to repay part of the € 200 million committed revolving credit facility of TINC. Net debt of TINC amounted to € 33,8 million on 30 June 2025.

 

 

About TINC 

TINC is a listed investment company that seeks to create sustainable value by investing in the infrastructure for the world of tomorrow. TINC participates in companies that are active in the realization and operation of infrastructure and holds a diversified portfolio of participations in focus areas such as public infrastructure, energy infrastructure, digital infrastructure and social infrastructure in Belgium, France, Ireland and the Netherlands.

For more information, please visit www.tincinvest.com.    

 

Contact

Manu Vandenbulcke, CEO TINC

T +32 3 290 21 73 - manu.vandenbulcke@tincinvest.com

Filip Audenaert, CFO TINC

T +32 3 290 21 73 - filip.audenaert@tincinvest.com

 

TINC NV - Karel Oomsstraat 37, 2018 Antwerp, Belgium - T +32 3 290 21 73 - www.tincinvest.com	Page | 1