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DataBank plans to raise $665 million by securitizing a $4.2 billion portfolio of multitenant retail colocation data centers, which includes 36 facilities across 14 U.S. markets. The portfolio, encompassing over 1.6 million square feet and leased to more than 1,750 tenants, is recognized for its high-quality locations that support real-time applications and AI inferencing. This move aligns with a growing trend in data center-backed asset-backed securities, which have seen annual issuance volumes double since 2020.