Cahill Represents Initial Purchasers in Galaxy Helios Data Centers II’s $3.51 Billion Notes Offering

July 28, 2026

Cahill represented the initial purchasers in connection with a Rule 144A offering of $3.507 billion aggregate principal amount of 9.875% senior secured notes due 2031 by Galaxy Helios Data Centers II.

Proceeds from the offering were used to finance a portion of the development and construction of two buildings containing eight data halls with a combined total of 400 megawatts of utility capacity and 260 megawatts of critical IT capacity at Galaxy Digital's Helios campus in Dickens County, Texas, and to fund debt service reserves.

Galaxy Helios Data Centers II LLC is an indirect wholly owned subsidiary of Galaxy Digital Inc. Galaxy Digital Inc. is a global leader in digital assets and data center infrastructure.