CDC Data Centres, last valued at $18 billion, is booting up a monster debt raising to support its 1.6 gigawatt development pipeline and retain its credit rating with Moody’s.
CDC has appointed Barrenjoey Capital Partners and Gilbert + Tobin to prepare the deal, which could see it stock up on $4 billion to $5 billion in debt funding it requireds in the year ahead, people briefed on the matter informed Street Talk, on the condition of anonymity.
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