NextDC Expands Debt Facility by AU$1.3 billion

Australian data center firm NextDC this week announced that, following the successful completion of general syndication, it has secured new senior debt facilities totaling AU$3.5 billion (US$2.28bn).

NextDC CEO and MD, Craig Scroggie, said: "In light of recent record contract wins that are accelerating our revenue and earnings growth, NextDC is well positioned with AU$6.4 billion in debt facilities and pro forma liquidity of approximately AU$5.5 billion."

"This strong financial flexibility enables us to confidently deliver on our record contracted capacity pipeline while maintaining our industry-leading momentum. These new facilities further empower NextDC to expedite the expansion of our data center footprint to meet the rapidly rising demand for AI and cloud infrastructure across the Asia Pacific region."