The proceeds will be used for both refinancing and capital expenditure of DayOne’s data centers, that are expected to obtain green digital infrastructure certification, it said.
DayOne Data Centers Singapore Pte. secured 15 billion ringgit ($4.56 billion) of multicurrency financing to support its green data centers in Malaysia’s Johor state, according to a statement from Oversea-Chinese Banking Corporation Ltd.
OCBC and its Malaysian unit OCBC Bank (Malaysia) Bhd. acted as joint coordinators for the syndicated financing, which comprises a 7.5 billion ringgit Islamic financing and a US$1.7 billion offshore term-loan facility, the bank said.
