Princeton Digital to raise US$1bil in debt

“Given the business momentum and planned growth, the company constantly assesses its capital needs, including raising equity,” a company representative said. —Bloomberg

Singapore: Princeton Digital Group says it’s looking to raise US$1bil in debt across multiple projects as the Singapore-based data centre operator seeks to expand its business.

“Given the business momentum and planned growth, the company constantly assesses its capital needs, including raising equity,” a representative for the company said in a statement.