A$750m Wholesale Notes Offer Successfully Priced & Allocated
| Stock | NEXTDC Ltd (NXT.ASX) |
|---|---|
| Release Time | 24 Apr 2026, 8:17 a.m. |
| Price Sensitive | Yes |
NEXTDC Prices A$750m Wholesale Notes Offer
- Successful pricing and allocation of A$750 million offer of subordinated notes
- Floating Rate Notes with 4-year tenor priced at 3-month BBSW + 350 bps
- Strengthens NEXTDC's long-term capital structure and liquidity position
NEXTDC Limited (ASX: NXT) has announced the successful pricing and allocation of a A$750 million offer of subordinated notes (the 'Wholesale Notes') in the A$ wholesale debt market. The Wholesale Notes Offer comprises a single tranche of A$750 million of Floating Rate Notes with a 4-year tenor, priced at 3-month BBSW + 350 bps. The Wholesale Notes Offer builds on NEXTDC's previously announced A$2.2 billion Capital Plan, further diversifying the company's sources of funding. Post-issue, NEXTDC's pro forma 30 June 2026 liquidity (cash and undrawn facilities) increases to approximately A$6.6 billion. NEXTDC's CEO, Craig Scroggie, commented that the successful allocation of the Wholesale Notes Offer represents an important step in executing the company's Capital Plan and further strengthens its long-term capital structure, with strong support received from institutional and high net worth investors.
NEXTDC has not provided any high-importance, price-sensitive forward-looking financial metrics or guidance in this announcement.
NEXTDC has not provided any forward-looking outlook statements in this announcement.