LONDON, UK, June 24, 2026 – Yondr Group, a leading developer, owner and operator of hyperscale data centers, and JK Land Holdings, a Sterling-based real estate company, today announced that their joint venture, Yondr JK 1, LLC (the “Issuer”), has priced $715 million aggregate principal amount of 6.875% senior secured notes due 2031 (the “Notes”). The Notes will be sold in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act.   

The Issuer intends to use the proceeds from this offering to (i) finance a portion of the construction of a turnkey data center with 48 MW of critical IT capacity to be built on an approximately 14.3-acre property in Loudoun County, Virginia, and to pay fees and expenses in connection therewith, (ii) fund debt service reserves and (iii) pay fees and expenses in connection with the offering of the Notes. 

The Notes will bear interest at a rate of 6.875% per annum payable semi-annually in cash in arrears on 30 June and 30 December of each year, beginning on 30 December 2026 and will mature on June 30, 2031. The Notes will also be subject to amortisation payable semi-annually commencing after the final commencement date, as more fully described in the offering memorandum.  

The Notes will be secured by first-priority liens on (i) substantially all assets of the Issuer, other than certain excluded property, and (ii) all equity interests of the Issuer held by Yondr JK 1 HoldCo, LLC, a Delaware limited liability company and the direct parent of the Issuer following the issuance of the Notes. 

The closing of the offering is subject to customary conditions precedent, and there can be no assurance as to whether or when such conditions may be satisfied. Notwithstanding the foregoing, the Issuer expects Notes to be delivered via DTC on or about June 30, 2026. 

The Notes have not been registered under the Securities Act or securities laws of any other jurisdiction, and the Notes may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and any applicable state securities laws. The Notes were offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. 

This press release shall not constitute an offer to sell, or a solicitation of an offer to buy the Notes, nor shall there be any sale of the Notes in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.  

About Yondr Group  

Yondr Group is a leading developer, owner, and operator of hyperscale data centers. The company specialises in delivering and operating dedicated infrastructure that is engineered for scale.  

About JK Land Holdings 

JK Land Holdings, LLC seeks land acquisitions that can be sold, leased, developed, placed into conservation easement, or utilised by sister companies JK Moving Services and CapRelo. Over the past decade, JKLH has redeployed more than 22,000 acres of its purchases into conservation easements, translating to 44 acres saved for every one acre developed commercially. This ensures vulnerable vistas and habitats are preserved and protected for future generations.   

Forward Looking Statements 

This press release contains statements that relate to future events and expectations and, as such, constitute “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are not historical facts, but only predictions and generally may be characterised by terminology such as “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavour,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements that address activities, events or developments that the Issuer intends, expects, projects, believes or anticipates will or may occur in the future. 

Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from those currently anticipated. They can be affected by inaccurate assumptions or by known or unknown risks and uncertainties, many of which will be important in determining the actual future results of the Issuer and its affiliates. These statements are based on current expectations and the current economic environment, and involve a number of risks and uncertainties that are difficult to predict. Actual results could differ materially from those expressed or implied in the forward-looking statements. The forward-looking statements included in this press release are made only as of the date of this press release, and the Issuer does not undertake any obligation to publicly correct or update any forward-looking statement if the Issuer later becomes aware that such statement is not likely to be achieved. 

 

 

Media Contact:
Yondr Group 
Maaza Solomon Ali `
Marketing Communications Manager 
press@yondrgroup.com