DigitalOcean, LLC

Overview

Deal Type Debt Capital Markets
Size $250 Million
Senior Secured Revolving Credit Facility
Client & Transactional Partners DigitalOcean, LLC
Our Role Administrative Agent
Joint Bookrunner
Left Lead Arranger

Summary

On March 29, 2022, KeyBanc Capital Markets (KBCM) successfully closed the syndication of a $250 million Senior Secured Revolving Credit Facility (the Revolver) for DigitalOcean, LLC (the Company). Proceeds from the Revolver will be used to fund working capital needs and other general corporate purposes. KBCM acted as Left Lead Arranger, Joint Bookrunner and Administrative Agent on the transaction.

DigitalOcean is a leading cloud computing platform offering on-demand infrastructure and platform tools for developers, start-ups and small-to-medium size businesses. The Company offers infrastructure solutions across compute, storage and networking, and also enables developers to extend the native capabilities of the Company’s cloud with fully managed application, container and database offerings.

Recent Deals

July 2025

a portfolio company of 

and

$1.815 Billion

Senior Secured Credit Facilities

$900 Million

8.50% First Lien Secured Notes due 2032

Joint Lead Arranger
Joint Bookrunner

radiology-partners
June 2025

 

El Camino Commons

$74.8 Million

Construction Loan & LIHTC Equity

el-camino-commons
June 2025

scout

$280.2 Million

Senior Secured Credit Facilities

Coordinating Lead Arranger
Administrative Agent

scout-clean-energy-gonzaga-ridge
June 2025

Hill Estates

Hill Estates

$67.5 Million

Bridge to Perm Loan, Acquisition

hill-estates

Connect With Us

Find an Expert