GDS seeks RM10bil in loans for expansion

GDS is working with banks to arrange for the borrowing that will be used to build out operations of its unit GDS International in Malaysia. — Bloomberg

GDS Holdings Ltd is considering raising around RM10bil in loans for its data centre operation in Malaysia, people familiar with the matter say, in what would be one of the largest financing for such a project in Asia.

GDS is working with banks to arrange for the borrowing that will be used to build out operations of its unit GDS International in Malaysia, the people said, asking not to be named discussing a private matter.