NEXTDC Signs AU$2.9 Billion Senior Bank Debt Facilities

MT Newswires Live11-04 07:50

NEXTDC (ASX:NXT) signed AU$2.9 billion senior bank debt facilities to refinance its existing debt, according to a Monday filing with the Australian bourse.

The loans are split into three facilities. The AU$1.5 billion, five-year revolving facility will mature in December 2029, while the AU$400 million term loan and the AU$1 billion revolving facility will mature in December 2031.

Commonwealth Bank of Australia, The Hongkong and Shanghai Banking Corporation, National Australia Bank, and Royal Bank of Canada arranged the new facilities, the filing stated.

NEXTDC's shares were up nearly 2% in recent Monday trade.

Price (AUD): $16.58, Change: $+0.32, Percent Change: +1.94%

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