AirTrunk Mulls Bond Sales After Refinancing $10 Billion of Loans

AirTrunk Pte has closed an A$16 billion ($10.4 billion) refinancing, the largest sustainability-linked financing ever in Asia Pacific and Japan and now is looking for ways to raise new capital in one of the hottest corners of credit markets.

The refinancing of the loans for operational and in-progress data centers in Australia, Hong Kong, Malaysia and Singapore attracted over 60 lenders, according to a Tuesday press release.

AirTrunk is now looking for new ways to fund growth. The firm is considering private placements, M&A and asset-backed bonds. It’s sounding out investor appetite in the US and Europe for a securitization, ...