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Thailand’s True Internet Data Center Seeks $2 Billion Loan

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Thailand’s True Internet Data Center Seeks $2 Billion Loan Thailand’s True Internet Data Center Co. is seeking an about $2 billion-equivalent loan to build a new facility, according to people familiar with the matter, as the country looks to become a regional hub for artificial intelligence and cloud services. The loan would be divided into three tranches — an about $1.8 billion portion in dollars, along with two other parts denominated in Thai baht, the people said, who asked not to be...

Thailand’s True Internet Data Center Seeks $2 Billion Loan Thailand’s True Internet Data Center Co. is seeking an about $2 billion-equivalent loan to build a new facility, according to people familiar with the matter, as the country looks to become a regional hub for artificial intelligence and cloud services. The loan would be divided into three tranches — an about $1.8 billion portion in dollars, along with two other parts denominated in Thai baht, the people said, who asked not to be identified discussing private matters.
Thailand (LOCATION) True Internet Data Center Seeks (ORG) True Internet Data Center Co. (ORG) Thai (ORG)
Originally published by Bloomberg Technology Read original →