Australia's NEXTDC rises on compliance with financial covenants

NEXTDC

27/10/2026 23:37

** Shares of NEXTDC NXT.AX rise as much as 7% to A$6.15, hitting their highest level since October 16
** Stock set for strongest intraday trading session since October 22
** Australian data centre operator submitted its covenant compliance report to its senior debt financiers for June 30
** Co said it complied with both of its financial covenants
** NXT's liquidity stands at A$8.68 bln ($6.10 bln) as of September 30
** Covenants update should help reduce investor concerns on balance sheet — Citi
** Day's gains cut stock's YTD losses to 50.4%

($1 = 1.4229 Australian dollars)

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))