Global data centre provider AirTrunk has more than doubled the size of a sustainability-linked loan SLL from A$2.1 billion $1.36 billion to A$4.6 billion making the debt-raising not only the first data centre SLL which closed in 2021 in the Asia Pacific region Apac but the largest yet for a data centre SLL.
“After syndication closed heavily oversubscribed, we can confirm financial close has successfully been achieved,” Prashant Murthy, chief financial and commercial officer at the Sydney-based firm told FinanceAsia, although detailed terms of the loan were not revealed.
The transaction will be used to refinance AirTrunk’s existing debt facilities...
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