September 24, 2026

Milbank Advises DigitalOcean on $725M Equipment Financing Facility to Fund Capacity Expansion

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Milbank LLP advised DigitalOcean Holdings, Inc. (NYSE: DOCN), the AI-Native Cloud purpose-built for inference and agentic workloads, in connection with a new $725 million equipment finance facility to fund the expansion of capacity to meet its growing customer demand.

The Milbank team was led by co-chair of Milbank’s Digital Infrastructure Practice Group Jaime Ramirez and partner Josh Forman with associates Alexander Chan, Peter Brigham and Selina Hua.