AirTrunk

AirTrunk operates data centres in Australia, Hong Kong, Japan, Malaysia and Singapore.

DBS, Citigroup to help Blackstone’s AirTrunk list Singapore Reit: sources

Citigroup, DBS and Jefferies will help the Australian company to prepare for the listing

Blackstone-backed AirTrunk views Singapore as a key financing hub, says its founder and CEO Robin Khuda.

Data centre giant AirTrunk bets big on Singapore, mulls Reit IPO among other capital-raising options

The hyperscale specialist aims to treble headcount in the Republic to nearly 350 by 2030

AirTrunk’s plans come as credit investors pour billions of US dollars into artificial intelligence and the data centres required to power it.

AirTrunk seals A$16 billion refinancing, plans fresh sales to fuel expansion

The firm is considering private placements, M&A and asset-backed bonds

AirTrunk will partner technology companies to develop the new data centre, which will be sited in Loyang – where its first data centre AirTrunk SGP1 (above) is located.

Blackstone-backed AirTrunk secures S$2.3 billion green loan for second Singapore hyperscale data centre

The green loan has the option of conversion to a sustainability-linked loan, where interest rates vary based on the borrower’s ability to achieve sustainability performance indicators

AirTrunk is in the process of wrapping up a separate US$2.8 billion-equivalent sustainability-linked loan.

AirTrunk seeks S$2.2 billion loan to build Singapore data centres

Artificial intelligence advances are fuelling demand for data centre fundraisings in Asia, a region that has seen a series of record-breaking loans

The acquisition is Blackstone’s biggest-ever investment in the Asia-Pacific region, outweighing its A$8.9 billion takeover of Australian casino operator Crown Resorts in 2022.

Blackstone to Acquire Australia’s AirTrunk in A$24 billion deal

The deal includes debt and capital expenditure for committed projects

The New York-based alternative asset manager and AirTrunk owners Macquarie Group and PSP Investments are negotiating the final details of a transaction that could be signed as soon as this week.

Blackstone said to be near US$13 billion deal to acquire AirTrunk

Blackstone is the preferred buyer for AirTrunk after outbidding other rival bidders

Blackstone is competing with a separate consortium that includes IFM Investors, DigitalBridge Group, Global Infrastructure Partners and Silver Lake Management.

Blackstone said to seek A$5.5 billion loan for AirTrunk bid

The financing will comprise a A$2 billion term loan and a A$3.5 billion revolving credit facility