Brief: Data Center Developer GDS Announces $587 Mln Equity Raise For its International Business

GDS Holdings

26/03/2024 11:55

March 26 (Reuters) - GDS Holdings Ltd  9698.HK :
    * GDS HOLDINGS LTD - ANNOUNCES US$587 MILLION EQUITY RAISE
FOR ITS
INTERNATIONAL BUSINESS
    * GDS HOLDINGS LTD - SERIES A SUBSCRIPTION PRICE IMPLIES
PRE-MONEY
EQUITY VALUATION FOR GDSI OF US$750 MILLION
    * GDS HOLDINGS LTD - POST-CLOSING AND ON AN AS-CONVERTED
BASIS,
GDSH WILL OWN ABOUT 56.1% OF EQUITY INTEREST OF GDSI IN FORM OF
ORDINARY SHARES

Source text for Eikon:  ID:nGNX6qyKKk 
Further company coverage:  9698.HK 

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