Next three campuses leased to one IG tenant on 15-year take-or-pay
Company: Applied Digital
The claim, verbatim
The three campuses Applied Digital will finance next are all leased to one investment-grade cloud company on 15-year take-or-pay terms, consistent with management's target of take-or-pay leases of at least 15 years with investment-grade hyperscalers.
Source (primary)
One Reason To Buy Applied Digital Stock After Its Fall - Trefis (-, news_article)
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Quote: “The three campuses the company will finance next are all leased to one such company on 15-year take-or-pay terms.”
How we checked this
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Additional evidence
confirms One Reason To Buy Applied Digital Stock After Its Fall - Trefis
Quote: “The three campuses the company will finance next are all leased to one such company on 15-year take-or-pay terms.”