The owner of Australia’s Macquarie Data Centres has secured additional financing to fund further development as Macquarie Technology Group Limited announced the successful signing of a debt refinancing to support its data center expansion. Following the recently signed facility agreement, the Group has access to a five-year AU$450m (US$300.6m) secured revolving loan facility, representing an increase of AU$260m to the previous facility.
Macquarie Technology Group co-founder and CEO, David Tudehope, said: “Following the acquisition of the Macquarie Park Data Centre Campus and the commencement of the IC3 Super West construction, we have marked another milestone with this successful debt refinance process. The new facility will provide the capacity and flexibility to enable us to further invest and expand our data center business."
He continued: “We have been delighted by the outstanding interest received from domestic and international financial institutions in this process and are looking forward to building strong relationships with the new group of lenders.”
