NVIDIA Secures $380 Million Synthetic Lease for New Headquarters
July 1, 2015
Cooley represented Corporation and its affiliates in a $380 million synthetic lease/structured financing transaction for the construction of NVIDIA's new corporate headquarters in Santa Clara, California.
The property will consist of a 500,000-square-foot futuristic office campus on a 36-acre site in Santa Clara. The financing was made by a syndicate of 10 lenders, with Wells Fargo serving as lead arranger and administrative agent.
Founded in 1993, NVIDIA is a publicly traded global company with 9,000+ employees worldwide. NVIDIA has pioneered the art and science of visual computing, and its products and services address the gaming, enterprise, high-performance computing, cloud and automotive markets.
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