Senior Debt Facilities Increased to A$6.4 billion
Stock | NEXTDC Ltd (NXT.ASX) |
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Release Time | 14 Aug 2025, 8:36 a.m. |
Price Sensitive | Yes |
NEXTDC Secures A$6.4 Billion in Senior Debt Facilities
- NEXTDC increases senior debt facilities to A$6.4 billion
- New facilities extend weighted average loan maturity to 5.6 years
- Strong liquidity position with pro forma liquidity of A$5.5 billion
NEXTDC Limited (ASX: NXT) has announced that it has secured new senior debt facilities totalling A$3.5 billion, reflecting an increase of A$1.3 billion from the previously disclosed underwritten new facilities of A$2.2 billion. This brings NEXTDC's total debt facilities to A$6.4 billion. The new facilities have a lower margin compared to the 2024 refinancing event, and upon financial close, NEXTDC's weighted average loan maturity profile will extend from 5.2 years to 5.6 years, further enhancing the stability and resilience of the company's funding profile. NEXTDC's pro forma liquidity as at 30 June 2025 was A$5,496 million, reflecting an unaudited cash balance of A$244 million, existing drawn debt of A$1,148 million, and the inclusion of the new facilities. NEXTDC CEO and Managing Director, Craig Scroggie, commented that the strong financial flexibility enables the company to confidently deliver on its record contracted capacity pipeline while maintaining its industry-leading momentum. The new facilities will empower NEXTDC to expedite the expansion of its data centre footprint to meet the rapidly rising demand for AI and cloud infrastructure across the Asia Pacific region.
NEXTDC is well positioned with A$6.4 billion in debt facilities and pro forma liquidity of approximately A$5.5 billion, enabling the company to confidently deliver on its record contracted capacity pipeline while maintaining its industry-leading momentum. The new facilities will empower NEXTDC to expedite the expansion of its data centre footprint to meet the rapidly rising demand for AI and cloud infrastructure across the Asia Pacific region.