Blackstone seeks A$5.5 billion loan for AirTrunk acquisition, sources say

By Yahoo! Finance | Sep 5, 2024 at 09:05 AM EST

A Blackstone-led consortium is securing a $A5.5 billion loan to acquire AirTrunk, Asia Pacific's largest data center business. The deal reflects the increasing demand for data capacity driven by AI, with lenders considering AirTrunk's growth potential.

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