NextDC upsizes debt facility to fund data centre expansion amid ‘unprecedented’ demand

Progress Software: Disciplined Debt As Company Looks Ahead To Next Deal

Progress Software: Disciplined Debt As Company Looks Ahead To Next Deal

Nscale closes a $900m revolving credit facility to fund its data-centre build-out

Nscale has closed a 900m revolving credit facility, a standing pool of borrowing it will draw on to speed up its data-centre build-out across the US, Europe, and Asia-Pacific, the company said on Tuesday. The London firm, which raised 2bn in a Series C at a 14.6bn valuation in March, is now stacking debt almost as [] This story continues at The Next Web

Ratnadeep Retail files IPO papers with SEBI; intends to raise ₹400 crore via fresh issue

The proceeds of the issue are to be used for retail network expansion, debt repayment

Crown agency pushes for $30 billion investment in new data centres

Crown agency pushes for $30 billion investment in new data centres

Moody’s Puts Comcast Debt Rating Under Review Amid NBCUniversal Spin-Off Plans

The debt rating agency is weighing in on a transaction to separate the tech and media businesses just as “weakening dynamics have raised credit concerns.”

Vanbarton reels in $352M refi for nearly full Grand Central office tower

Vanbarton Group landed a fresh nine-figure loan for its nearly full Midtown office tower. Goldman Sachs provided a 352 million loan for 425 Lexington Avenue, a 31-story, 747,000-square-foot Class A office building next to Grand Central Terminal, according to property records. A source with knowledge of the deal said the single-property CMBS deal was pre-placed entirely with BlackRock. The debt replaces a 290 million loan from New York Life Insurance Company and Northwestern Mutual. It was first reported by PincusCo. The floating-rate, interest-only loan has an initial two-year term with three one-year extension options. Proceeds will retire the existing debt, []This article originally appeared on The Real Deal. Click here to read the full story.

15 Myths about Data Centers—and the Taxpayer Perspective

By Jess Ward, Leah Vukmir.

MOF: Federal statutory debt expected to stay under 65pc of GDP in 2026 amid cost‑control measures

KUALA LUMPUR, July 10 — The federal government’s statutory debt level, after taking into account borrowing r...

NextEra’s Acquisition of Dominion Energy Would Result in Corporate Mega-Utility

The utility merger seeks to exploit the data center boom for profit and political clout, at ratepayers’ expense.

Board offers $3-billion settlement to restructure Puerto Rico power company debt

SAN JUAN, Puerto Rico — A federal control board that oversees Puerto Rico’s finances announced Tuesday that it has offered a 3-billion settlement to bondholders in a new push to finally restructure more than 10 billion in debt held by the U.S. territory’s power company. The board is proposing paying cash and offering the issuance of new []

‘Data center capital’ of the Midwest expands as Pritzker calls for regulations – NBC5 (Chicago)

Elk Grove Village Mayor Craig Johnson said 20 data centers are currently operating, with five more under construction. He said the data centers generated 26 million in revenue to the village last year alone. In some years, the windfall is so high that the town issues 200 gift cards to residents as tax rebates.

Dependable Equities Lands $54M Resi Loan in Fort Lauderdale

Dependable Equities has nabbed a 54 million preconstruction loan for a two-tower residential project in Fort Lauderdale, Fla., the New York-based developer announced. CDK Capital provided the bridge financing, which covers a site at 101 Southeast Seventh Street and 633 Southeast Third Avenue, just south of the Broward County Clerk of Courts building, halfway between []

Credable rebrands to _able after facilitating $650 million in loans across Africa

The move reflects a growing market for companies that provide the technology powering digital finance services.

NCC Seeks Cost-based Pricing Framework for Fibre Infrastructure

The Nigerian Communications Commission (NCC) has intensified efforts to develop a transparent, sustainable and cost-based pricing framework for sharing telecom ducts under Nigeria’s Dig-Once policy, as part of measures to accelerate broadband infrastructure deployment and reduce the cost of expanding fibre networks across the country. The initiative was the focus of a stakeholders’ forum in [] The post NCC Seeks Cost-based Pricing Framework for Fibre Infrastructure appeared first on Voice of Nigeria.

AI Data Centre Boom Doubles Big Tech Debt

Major AI data center builders have doubled their debt in five years.

A Blockbuster Summer for Debt Issuance

Corporate bond bonanza.

What to Know About Ethiopia’s Debt Breakthrough

Addis Ababa’s debt relief process has highlighted divisions in the global financial system.

CBN Data Localisation: Galaxy Backbone moves to capture banks, fintechs

By Progress Godfrey Galaxy Backbone (GBB) has intensified its engagement with banks, fintech firms, and other financial institutions as the Central Bank of Nigeria (CBN) moves to enforce the local storage of payment transaction data. The digital infrastructure and shared services provider, in a statement yesterday, brought together Chief Information Officers, fintech leaders, and technology stakeholders [] The post CBN Data Localisation: Galaxy Backbone moves to capture banks, fintechs appeared first on Vanguard News.

FSC closely monitors growing personal loans amid equity boom

Taipei, June 24 (CNA) The Financial Supervisory Commission (FSC), Taiwan's top financial regulator, is closely watching expanding personal credit as more and more retail investors borrow money to invest in the stock market and tap the current equity boom.

‘It happened slowly...': Indian couple’s American Dream turns into ₹8.4 crore debt

They also had a kitchen renovation loan of 150,000 (approximately Rs 1.5 crore) and 30,000 (around Rs 30 lakh) in credit card debt.

Here’s Why Sterling Infrastructure Stock Can Keep Rallying From Here

Data centers have created significant demand for Sterling Infrastructure's services that should last for multiple years.

Understanding Debt Service Coverage Ratio (DSCR)

Can Your Business Afford a Loan? Understanding Debt Service Coverage Ratio (DSCR) When you’re thinking about taking on a loan, ... The post Understanding Debt Service Coverage Ratio (DSCR) first appeared on Merchant Growth.

A Practical Guide to Credit and Loans

A Practical Guide to Credit and Loans

SoftBank plans to rent AI compute in U.S. at 10-gigawatt scale

The mobile carrier operator and group company will set up the new venture this month, aiming to supply data center capacity at a scale of 10 gigawatts by around 2030.

We Mapped Rural Data Center Development – and Opposition. Here's What We Found.

Washington, D.C.'s metropolitan area has long hummed with data centers. The region, which encompasses much of Northern Virginia, has become known as Data Center Alley, home to more data centers than anywhere else in the world. But the data center boom, driven by the rise of AI and the race to build the infrastructure powering it, is changing the geography of these energy-intensive, warehouse-like facilities. Data centers have arrived in rural America...

Pittsylvania County Breathes Sigh of Relief

by Dick Hall-Sizemore The Colorado-based company, Stack Infrastructure (Stack), has announced that it will move forward with its plans to build a giant data center complex in Pittsylvania County. As was reported earlier in Bacon’s Rebellion, the company had made its decision to locate in Virginia contingent on the state continuing its exemption of computer []

EU says Amazon, Microsoft cloud services should fall under digital dominance rules

The decision marks an expansion of the Digital Markets Act beyond consumer tech into the 220 billion European market for cloud services.

BTH: GBDC on New Investments

BTH: GBDC on New Investments

Form 424B5 Realty Income Corp For: 30 June

Form 424B5 Realty Income Corp For: 30 June

राष्ट्र बैंकको ४५ अर्बको ऋणपत्रमा आज बोलकबोल

काठमाडौँ। नेपाल राष्ट्र बैंकले रु ४५ अर्ब बराबरको एकवर्षे ‘नेपाल राष्ट्र बैंक ऋणपत्र २०८४ (ख)’ आज बोलकबोलमार्फत निष्कासन गर्ने भएको छ। उक्त ऋणपत्रको बोलकबोल आज दिउँसो ३ बजेसम्म अनलाइन बिडिङ प्रणालीमार्फत हुने केन्द्रीय बैंकल आज एक सूचना निकालेर जनाएको छ। राष्ट्र बैंकका अनुसार ऋणपत्रको ब्याजदर बोलकबोलबाट निर्धारण हुनेछ भने ब्याज अर्धवार्षिक रूपमा भुक्तानी गरिनेछ। ऋणपत्रको []

Private debt: Six new opportunities for debtors with debts and loans

The new set of measures concerning debts to the State, non-performing loans, frozen bank accounts, and the protection of primary residence – 72 instalments for overdue debts up to 2023 – unfreezing of accounts upon payment of 25 of the debt – out-of-court settlement also for debts from 5,000 The post Private debt: Six new opportunities for debtors with debts and loans appeared first on ProtoThema English.

Circle won federal approval to operate as a trust bank — and its stock surged

The approval places Circle's USDC reserve infrastructure under direct federal oversight and allows the company to offer digital asset custody services