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APDC secures funding for Perth data centre

Tuesday 19 November 2013 | 02:38 CET | News
Listed data centre property trust Asia Pacific Data Centre Group (APDC) has signed a debt facility agreement with Bankwest to provide up to AUD 29 million of asset-secured debt funding. Funds drawn under the debt facility will be used to pay data centre operator NextDC the AUD 23.8 million development fee for the P1 data centre base building in Perth and repayment of a AUD 750,000 loan from NextDC.

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Categories: Internet
Companies: NextDC
Countries: Australia
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