Blackstone’s AirTrunk Seeks $1.6 Billion Loan for Singapore IPO
Deals·1 article across 1 outlet
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AirTrunk, a data center operator owned by Blackstone Inc., is in talks with banks to borrow about S$2 billion ($1.6 billion) to help finance the public listing of a real estate investment trust backed by its assets.
The loan is intended to support the upcoming IPO, reflecting AirTrunk's strategy to leverage its assets in the growing data center market.
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“AirTrunk, a data center operator owned by Blackstone Inc., is in talks with banks to borrow about S$2 billion ($1.6 billion) to help finance the public listing of a real estate investment trust”
Bloomberg — Blackstone’s AirTrunk Seeks $1.6 Billion Loan for Singapore IPO