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Singapore’s PDG seeks US$1.2bil loan for Malaysia data center

Asian data center operator Princeton Digital Group Ltd. is seeking a syndicated loan of up to $1.2 billion to fund its Malaysia buildout, according to a person familiar with the matter, as the debt binge to finance artificial intelligence infrastructure continues.

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新加坡PDG寻求12亿美元贷款用于马来西亚数据中心

Asian data center operator Princeton Digital Group Ltd. is seeking a syndicated loan of up to $1.2 billion to fund its Malaysia buildout, according to a person familiar with the matter, as the debt binge to finance artificial intelligence infrastructure continues.

HSBC Holdings Plc Singapore branch, Maybank Investment Bank Berhad, OCBC Bank (Malaysia) Berhad, Standard Chartered Bank (Singapore) Ltd., and United Overseas Bank Ltd. are the mandated lead arrangers and bookrunners for the three-year loan deal, said the person, asking not to be identified discussing private information.

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