Market Chatter: Blue Owl Capital's Stack Infrastructure Seeks $5.9 Billion Loan for Melbourne Data Center

MT Newswires Live07-31

Blue Owl Capital's (OWL) data center firm Stack Infrastructure is seeking a syndicated loan of 8.5 billion Australian dollars ($5.9 billion) to support its third data center project in Melbourne, Bloomberg reported Wednesday evening, citing people familiar with the matter.

The financing could be among the largest of its kind for the sector in Australia, the report said, adding that talks with banks remain at an early stage and details may change.

Blue Owl Capital did not immediately respond to a request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 10.20, Change: +0.65, Percent Change: +6.84

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment