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Australian Data Centre Operator NEXTDC to Raise $795 Million for AI Infrastructure
The offering carries an indicative cash coupon of 1.25% to 1.75% and includes capped call options to limit dilution, the company said.
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PressNewsAgencyAustralian data centre operator NEXTDC to raise $795 million for AI infrastructure
Sept 9 : Australia's NEXTDC said on Wednesday it seeks to raise A$1.1 billion ($795.63 million) through convertible notes, its third fundraising in just over four months, as the data centre operator ramps up investment in AI infrastructure.Here are some details:• The notes will mature on September 1
·Singapore, Singapore
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NextDC seeks A$1.1 billion through convertible notes to finance an expansion of data centers driven by demand for artificial intelligence, but access to electricity and water could become the real limit of business.
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