TINC announces the successful refinancing of its portfolio company
Datacenter United (B)


Antwerp, September 30, 2025, 7:30 CET


TINC, the infrastructure investor listed on Euronext Brussels, is pleased to announce that its portfolio
company Datacenter United (DCU) has raised a senior financing package of € 120 million from a
consortium of banks comprising Belfius Bank, DNB and NIBC Bank.

The new facilities include a drawn term loan of € 50 million to refinance existing senior debt of € 10
million and repay shareholder loans of € 40 million, an undrawn capex facility of € 50 million to fund
the expansion plans of DCU through growth capex and bolt-on acquisitions, and a revolving credit
facility and ancillary facilities of € 20 million for working capital and other general corporate purposes.

The new facilities provide DCU with a flexible capital structure to support its ambitious growth and
acquisition plans.

As a result of the repayment of shareholder loans, TINC will receive a cash distribution, pro rata its
47,5% economic stake in DCU, of € 19 million. The proceeds of this distribution will be used to repay
part of the € 200 million committed revolving credit facility of TINC. Net debt of TINC amounted to €
33,8 million on 30 June 2025.




About TINC

TINC is a listed investment company that seeks to create sustainable value by investing in the infrastructure for
the world of tomorrow. TINC participates in companies that are active in the realization and operation of
infrastructure and holds a diversified portfolio of participations in focus areas such as public infrastructure,
energy infrastructure, digital infrastructure and social infrastructure in Belgium, France, Ireland and the
Netherlands.

For more information, please visit www.tincinvest.com.

Contact
Manu Vandenbulcke, CEO TINC
T +32 3 290 21 73 - manu.vandenbulcke@tincinvest.com
Filip Audenaert, CFO TINC
T +32 3 290 21 73 - filip.audenaert@tincinvest.com




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