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NextDC to fund new Brisbane B2 facility with notes offering

Monday 16 November 2015 | 10:42 CET | News
Australian data centre operator NextDC said it will formally launch its Notes II offering over the next few days. The company hopes to raise a minimum of AUD 70 million from the offering, which is not underwritten. Notes II is a complementary security to the AUD 60 million notes raised by the company in June 2014, with the same structure and maturity date (16 June 2019). The company said it will use money raised to fund the development of a new Brisbane (B2) facility and for other general corporate purposes. The company expects capex of AUD 65-75 million for the facility. This will include

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Categories: Fixed
Companies: NextDC
Countries: Australia
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