DATA centre operator NextDC has completed its $300 million upsized Notes IV, consisting of a floating rate tranche of $200 million at 3.75% and a fixed rate tranche of $100 million at 6.0%
It is complementary to the $300 million fixed rate Notes III security issued in May last year, with a similar structure, a maturity date of June 2022, compared to June 2021 for Notes III.
“We are very pleased with the investor response to the Notes IV offering, which resulted in an upsizing of the total offering by $50 million to $300 million,” chief executive officer, Craig Scroggie said. “The strong level of support shown demonstrates investor confidence in the Company’s growth strategy and provides NEXTDC with further flexibility in funding growth opportunities.”
Australian Property Journal
