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09 June 2022

Cordiant Digital Infrastructure Limited

New Eurobond Facility of €200 million

Cordiant Digital Infrastructure Limited (the "Company", "CORD"), an investor in the core digital infrastructure that enables modern communications and the internet, is pleased to announce the signing of a €200 million Eurobond facility (the "Facility" or "Eurobonds"). The Facility provides fresh committed capital to finance new acquisitions from the Company's investment pipeline and fund growth capital expenditure within CORD's existing portfolio of operating companies.

The Facility has been established through a private placement with an international syndicate comprising funds managed and/or advised by Schroders Capital, UBS Asset Management and Allianz Global Investors, as well as specialist infrastructure bank Kommunalkredit Austria AG (collectively the "Bondholders"). €80 million of the Facility is conditional on completion of the previously announced acquisition of Emitel S.A. ("Emitel").

The Facility has an initial maturity date of 30 September 2026, with an extension option of up to three years (subject to the approval of Bondholders) and will be issued in both fixed and floating interest rate tranches. The Eurobonds will be issued by Cordiant Digital Holdings Two Limited, the Company's wholly owned subsidiary that holds CORD's European investments, and will complement existing bank facilities at the operating company level.

Following completion of the Emitel acquisition and in the event the Eurobonds are issued in full, the weighted average credit margin of the group's debt facilities is expected to be c.3.25% and aggregate group debt is expected to be c.40% of gross asset value.

Steven Marshall, Chairman of Digital Infrastructure, Cordiant Capital Inc., the Investment Manager, commented:

"We are delighted by the strong demand in, and successful outcome of, this private placement, which has been supported by high quality, sector-specialist investors, reaffirming the attractive fundamentals and growth prospects of our existing portfolio. We continue to seek attractive investment opportunities for our shareholders and look forward to drawing on the Facility to deliver on our pipeline."

Shonaid Jemmett-Page, Chairman of the Company, said:

"The Company has secured a flexible financing arrangement that will support its investment programme with capital from leading infrastructure investors. The successful raising of the Facility is testament to the Company's high-quality portfolio of assets with long-term contracts and inflation-linked revenues."

-ENDS-

For Further Information, please visit www.cordiantdigitaltrust.com or contact:

Notes to Editors:

Cordiant Digital Infrastructure Limited primarily invests in the core infrastructure of the digital economy - data centres, fibreoptic networks and telecommunication and broadcast towers - "the plumbing of the internet" - in the UK, Europe and North America. Further details of the Company can be found on the Company's website at www.cordiantdigitaltrust.com.

Cordiant Capital Inc. ("Cordiant"), the Company's investment manager, is a sector-focused investment manager with particular expertise and experience in digital infrastructure. Cordiant invests in global infrastructure and real assets, running infrastructure private equity and infrastructure private credit strategies through limited partnership funds and managed accounts. Cordiant's current client base consists of global insurance companies, pension plans and family offices.