Singapore’s PDG Seeks $1.2 Billion Loan for Malaysia Data Center

First reported by Bloomberg at · Updated · 2 sources

Asian data center operator Princeton Digital Group Ltd. is seeking a syndicated loan of up to $1.2 billion to fund its Malaysia buildout, according to a person familiar with the matter, as the debt binge to finance artificial intelligence infrastructure continues.

Covered by 2 publishers within 9 hours of the first report.

Summary from Bloomberg.

Reporting2

Bloomberg Singapore’s PDG Seeks $1.2 Billion Loan for Malaysia Data Center · Kari Lindberg
Quartz Princeton Digital Group is seeking a $1.2 billion loan for its Malaysia data center · Cris Tolomia

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Topics Data centers