Australia's NEXTDC signs $1.6 billion senior debt facilities to fund expansion


The NextDC S6 data centre stands in Sydney, Australia, June 22, 2026. REUTERS/Hollie Adams

July 10 (Reuters) - Australian ⁠data center operator NEXTDC said ⁠on Friday it had signed new ‌senior debt facilities of A$2.3 billion ($1.60 billion) to support capital expenditure required for recent customer ​contract wins and ongoing ⁠data center developments.

• ⁠The new facilities mark an A$500 million ⁠increase ‌to the A$1.8 billion of commitments announced in May.

• "The ⁠upsize reflects continued strong support from a ​broad ‌syndicate of domestic and international banks," ⁠the company ​said.

• Upon financial close, NEXTDC's total available senior debt facilities will increase ⁠from A$6.4 billion to A$8.7 ​billion.

• NEXTDC said in April that its pro-forma contracted utilisation - the total power ⁠capacity formally signed up by customers - jumped by roughly 60% to 667 megawatts as of March 31, compared ​with end-December.

• The financial ⁠close of the new facilities is expected ​to occur in ‌mid-July, NEXTDC added.

($1 = 1.4409 ​Australian dollars)

(Reporting by Sneha Kumar in Bengaluru; Editing by Maju Samuel)

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