NEXTDC Secures 1.8 Billion Australian Dollars in Debt

NEXTDC secured 1.8 billion Australian dollars in debt to fund data center expansion. Total available facilities will rise to 8.2 billion dollars this July.

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NEXTDC LTD secured A$1.8B ($1.3B) in senior debt to fund data center expansion in Australia. This follows a A$1.5B equity raise and a A$700M commitment from Canada pension fund La Caisse. The capital supports a 60% jump in power capacity demand driven by recent customer contract wins.

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