Nextdc Secures AU$1.8 Billion in New Senior Debt Facilities

MT Newswires Live

May 05

Nextdc (ASX:NXT) secured credit-approved commitments for AU$1.8 billion in new senior debt facilities from a syndicate of leading domestic and international banks, according to a Monday filing with the Australian bourse.

The company's total senior debt capacity will increase to AU$8.2 billion from AU$6.4 billion following financial close, with pro forma liquidity rising to around AU$8.4 billion as at June 30, per the filing.

The funds will be used primarily to support capital expenditure requirements associated with recent customer contract wins, ongoing data center developments, and general corporate purposes, the filing said.

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