A$1.8 billion of New Senior Debt Commitments Secured
| Stock | NEXTDC Ltd (NXT.ASX) |
|---|---|
| Release Time | 5 May 2026, 8:27 a.m. |
| Price Sensitive | Yes |
NEXTDC Secures A$1.8 Billion in New Senior Debt
- NEXTDC receives A$1.8 billion in new senior debt commitments
- Increases total available senior debt facilities to A$8.2 billion
- Proceeds to support capital expenditure and data centre developments
NEXTDC Limited (ASX: NXT) has announced that it has received credit approved commitment letters from a syndicate of leading domestic and international relationship banks for A$1.8 billion of new senior debt facilities. The commitments reflect continued strong support from NEXTDC's banking syndicate following the company's recent record increase in contracted utilisation. Upon Financial Close of the New Facilities, NEXTDC's total available senior debt facilities will increase from A$6.4 billion to A$8.2 billion, and NEXTDC's estimated pro forma 30 June 2026 liquidity (cash and undrawn facilities) increases to approximately A$8.4 billion. The New Facilities will be governed by NEXTDC's existing Common Terms Deed and margins are broadly consistent with margins on NEXTDC's existing senior debt facilities. Proceeds from the New Facilities will primarily support capital expenditure requirements associated with recent customer contract wins, ongoing data centre developments, as well as for general corporate purposes. A general syndication of the New Facilities will commence shortly, and Financial Close is expected to occur in July 2026.