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EdgeConneX Considers Up to $4 Billion Debt Financing for Texas Data Center

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Corporate Finance EQT’s EdgeConneX Weighs Up to $4 Billion of Debt Financing EQT-backed EdgeConneX Inc. is considering raising as much as $4 billion of debt for a data center project in Texas, according to people familiar with the matter. The company is in early discussions with advisers about which debt markets to access, the people said, asking not to be identified as the talks are private. One option being discussed is a private placement with large institutional investors through the...

Corporate Finance EQT’s EdgeConneX Weighs Up to $4 Billion of Debt Financing EQT-backed EdgeConneX Inc. is considering raising as much as $4 billion of debt for a data center project in Texas, according to people familiar with the matter. The company is in early discussions with advisers about which debt markets to access, the people said, asking not to be identified as the talks are private. One option being discussed is a private placement with large institutional investors through the 144A market, one of the people said.
Texas Data Center Corporate Finance EQT’s (ORG) EdgeConneX (ORG) Debt Financing EQT (ORG) EdgeConneX Inc. (ORG) Texas (LOCATION)
Originally published by Bloomberg Markets Read original →