David L. Ridenour

Partner
Finance & Restructuring
Washington, D.C. +1 202 626 2912
Experience
  • Aligned Energy – Advised Aligned on every ABS data center securitization issuance to-date, totaling over $3.6 billion of securitized notes. Represented Aligned on the largest inaugural data center securitization and first-ever green bond data center securitization
  • CloudHQ – Advised CloudHQ on every ABS data center securitization issuance to date, as underwriter’s counsel, totaling over $1.4 billion of securitized notes.
  • Cloud Capital – Advised Cloud Capital on every ABS data center securitization issuance to date, as underwriter’s counsel, totaling over $1.8 billion of securitized notes.
  • Compass Data Centers – Advised Compass on every ABS data center securitization issuance to-date, totaling over $4 billion of securitized notes.
  • Cologix Inc. – Advised Cologix on ABS data center securitization issuances, totaling over $2.8 billion of securitized notes.
  • CyrusOne – Advised CyrusOne on every ABS data center securitization issuance to-date, totaling over $3.1 billion of securitized notes.
  • EdgeCore Inc. – Advised EdgeCore on every ABS data center securitization issuance to-date, totaling over $200 million of securitized notes.
  • Landmark Dividend – Advised Landmark and is affiliates on ABS data center securitization issuances, totaling over $700 million of securitized notes.
  • Sabey Data Centers – Advised Sabey on every ABS data center securitization issuance to-date, totaling over $2.5 billion. Sabey obtained the first-ever A+ rating for a data center securitization.
  • ServerFarm – Advised ServerFarm on every ABS data center securitization issuance to-date, totaling over $500 million of securitized notes.
  • Stack Infrastructure – Advised Stack on every ABS data center securitization issuance to-date, totaling over $3.7 billion of securitized notes.
  • Vantage Data Centers, Flexential, Centersquare and TierPoint – Advised designated investors in connection with multiple 4(a)(2) data center securitization transactions.
  • Multiple Data Center Developers – Advised borrowers in connection with multiple data center DevCo facilities representing more than $12 billion of capacity.
Bio

David Ridenour represents financial institutions as issuers, underwriters, borrowers, lenders, sellers and purchasers in a variety of sophisticated asset-backed securitization and structured lending transactions.  In particular, he is an industry leader in the digital infrastructure space, where he serves as issuer’s counsel for some of the largest and most active 144A and 4(a)(2) issuance platforms in the market.

David also advises lenders and borrowers with respect to senior and mezzanine credit facilities involving unsecured consumer loans, small business loans, mortgage and home equity loans and energy efficiency and solar loans, as well as advising both sellers and purchasers in forward flow purchase arrangements. David has years of experience working on both SEC publicly registered and privately negotiated securitization platforms totaling more than $100 billion in issuance value, secured by credit card receivables, franchise loans, timeshare receivables, mortgage servicing rights, automobile loans and leases, equipment loans and leases, mortgage-backed securities and trade receivables.

Chambers USA has ranked David as a Band 3 leading lawyer and noted that he is particularly renowned for his strengths in digital infrastructure ABS mandates. Legal500 similarly highlights David as a key lawyer and emphasizes his prominent work involving cellular towers, fiber networks, and data center securitizations. Additionally, David is a frequent speaker at industry events as an expert in the digital infrastructure space.

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