Infratil’s CDC said to be seeking bigger banking facility

Data centres galore. (Image: Infratil)

Tue, 14 Nov 2023

Infratil’s star data centre performer CDC Data Centres is reportedly seeking another A$1 billion (NZ$1.08b) to its banking facility to extend the company’s footprint expanding fourfold over the next five years. The Australian Financial Review’s Street Talk column reported the data centre company is working with investment bank Barrenjoey Capital Partners to expand its banking facilities, with Commonwealth Bank of Australia seen as a likely leader of the syndicate. Infratil, which owns almost 48% of CDC, dec...

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