<?xml version="1.0" encoding="utf-8"?> <rss version="2.0" xml:base="https://www.commo.com.au" xmlns:dc="http://purl.org/dc/elements/1.1/"> <channel> <title>Commo. - Data centres news</title> <link>https://www.commo.com.au/tags/data-centres-news</link> <description></description> <language>en</language> <item> <title> Macquarie secures $450M loan facility to build data centres</title> <link>https://www.commo.com.au/profiles/2024/10/22/macquarie-secures-450m-loan-facility-build-data-centres/1729571168</link> <description><div class="field field-name-field-woff field-type-text-long field-label-hidden profiles deals sold profiles deals sold profiles deals sold profiles deals sold profiles deals sold profiles deals sold"><div class="field-items"><div class="field-item even"><p>Macquarie Technology Group Limited (ASX: MAQ) (the “Group”) announce the successful signing of a debt refinancing to support ongoing data centre expansion.</p> </div></div></div><div class="field field-name-field-category field-type-taxonomy-term-reference field-label-hidden profiles deals sold profiles deals sold profiles deals sold profiles deals sold profiles deals sold profiles deals sold"> <div class="field-items"> <div class="field-item even"><a href="/taxonomy/term/22" class="some some some some some some some some some some some some some some some some some some">Profiles</a></div> <div class="field-item odd"><a href="/deals" class="some some some some some some some some some some some some some some some some some some">Deals</a></div> <div class="field-item even"><a href="/sold" class="some some some some some some some some some some some some some some some some some some">Sold</a></div> </div> </div><div class="field field-name-body field-type-text-with-summary field-label-hidden profiles deals sold profiles deals sold profiles deals sold profiles deals sold profiles deals sold profiles deals sold"><div class="field-items"><div class="field-item even"><p><strong>M</strong>acquarie Technology Group Limited (ASX: MAQ) (the “Group”) announce the successful signing of a debt refinancing to support ongoing data centre expansion.</p> <p><strong>Under the new syndicated facility agreement, the Group has access to a five-year secured revolving loan facility in the amount of A$450m,</strong> representing an increase of A$260m to the previous facility. Due to strong appetite from domestic and international lending institutions, the new facility has been secured on highly competitive key commercial terms, including pricing. Other terms are customary for a loan facility of this nature.</p> <p><strong>In combination with cash and cash equivalents of $118m as at 30 September,</strong> the Group has sufficient liquidity to complete the build of IC3 Super West Phase 1 with excess capacity to fund future growth.</p> <p><strong>Macquarie Technology Group’s Chief Executive Officer and Co-Founder David Tudehope commented:</strong> “Following the acquisition of the Macquarie Park Data Centre Campus and the commencement of the IC3 Super West construction, we have marked another milestone with this successful debt refinance process. The new facility will provide the capacity and flexibility to enable us to further invest and expand our data centre business.</p> <p><strong>“We have been delighted by the outstanding interest received from domestic and international financial institutions</strong> in this process and are looking forward to building strong relationships with the new group of lenders.”</p> <p><strong>The refinancing is subject to the satisfaction of customary conditions precedent</strong> and is expected to achieve financial close before the end of this calendar year.</p> <p><strong>RBC Capital Markets acted as financial advisor and DLA Piper as legal adviser to the Group in relation to the refinancing.</strong></p> <p> </p> <p><strong>More Data Centre reading: </strong></p> <p><a href="https://www.retalkasia.com/2024/08/09/global-edge-data-centre-market-cross-300b-2026-jll/1723161925"><strong>Global edge data centre market to cross $300B by 2026 - JLL | RE Talk Asia</strong></a></p> <p><a href="https://www.theindustrialist.com.au/news/2024/10/16/all-eyes-data-centres-knight-frank/1729048473"><strong>All eyes on data centres - Knight Frank | The Industrialist</strong></a></p> <p><a href="https://www.commo.com.au/news/2024/08/05/centuria-acquire-50-next-gen-data-centre-provider/1722818119"><strong>Centuria to acquire 50% in next gen data centre provider | Commo.</strong></a></p> <p><a href="https://www.theindustrialist.com.au/news/2024/04/08/data-centre-expertise-and-insights-%E2%80%93-colliers/1712556480"><strong>Data Centre Expertise and Insights – Colliers | The Industrialist</strong></a></p> </div></div></div><div class="field field-name-field-tags field-type-taxonomy-term-reference field-label-hidden profiles deals sold profiles deals sold profiles deals sold profiles deals sold profiles deals sold profiles deals sold"><div class="field-items"><div class="field-item even"><a href="/tags/macquarie-ceo-and-co-founder-david-tudehope" class="some some some some some some some some some some some some some some some some some some">Macquarie CEO and co-founder David Tudehope</a></div><div class="field-item odd"><a href="/tags/data-centre-news" class="some some some some some some some some some some some some some some some some some some">Data centre news</a></div><div class="field-item even"><a href="/tags/data-centres-news" class="some some some some some some some some some some some some some some some some some some">Data centres news</a></div><div class="field-item odd"><a href="/tags/data-centre-finance" class="some some some some some some some some some some some some some some some some some some">Data centre finance</a></div><div class="field-item even"><a href="/tags/data-centre-investment" class="some some some some some some some some some some some some some some some some some some">Data centre investment</a></div><div class="field-item odd"><a href="/tags/macquarie-technology-group-limited-asx-maq-%E2%80%9Cgroup%E2%80%9D" class="some 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