Channel NewsAsia
AsiaPac · 1 hrs ago
Australia's NEXTDC signs $1.6 billion senior debt facilities to fund expansion
10 Jul 2026 07:53AM (Updated: 10 Jul 2026 07:54AM) July 10 : Australian data center operator NEXTDC said on Friday it had signed new senior debt facilities of A$2.3 billion ($1.60 billion) to support capital expenditure required for recent customer contract wins and ongoing data center developments.• The new facilities mark an A$500 million increase to the A$1.8 billion of commitments announced in May.• "The upsize reflects continued strong support from a broad syndicate of domestic and international banks," the company said.• Upon financial close, NEXTDC's total available senior debt facilities will increase from A$6.4 billion to A$8.7 billion. • NEXTDC said in April that its pro-forma contracted utilisation - the total power capacity formally signed up by customers - jumped by roughly 60
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