DATA centre group Nextdc has entered into a new $1.5 billion syndicated facility agreement.
The facilities will be split across three tranches, each with a tenor of five years:
- $800 million – Term Loan Facility
- $400 million – Capital Expenditure Facility
- $300 million – Revolving Credit Facility (multi-currency)
The facilities are with Credit Suisse, HSBC, National Australia Bank and Natixis.
Managing director Craig Scroggie said the new debt facilities provide Nextdc with greater funding firepower.
“We are grateful for the support provided by our fixed income investors to the company through what was a critical phase of our growth. Our ability to achieve A$1.5 billion in senior debt facilities is a testament to the maturity of the company today.”
