TechBloomberg Tech1h ago
Singapore’s STTGDC Eyes $2.4 Billion Loan, Adds to AI Debt Binge
TL;DRSingapore data center operator STT GDC seeking $2.4B loan to fund AI infrastructure expansion.
Why it matters: Shows how AI demand is driving massive capital requirements and debt across the infrastructure supply chain.
Singapore-based data center operator STT GDC Pte. is in talks with banks for a S$3.1 billion ($2.4 billion) syndicated loan, according to people familiar with the matter, as the AI boom continues to fuel demand for debt among companies building the infrastructure.
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