Australia's NEXTDC rises on securing commitments for increase in debt facilities
10/07/2026 06:00
BUZZ-Australia's NEXTDC rises on securing commitments for increase in debt facilities ** Shares of Australia's NEXTDC NXT.AX rise as much as 2.45 to A$14.165, hitting their highest level since July 2
** Data centre developer says it has entered an agreement to upsize its senior debt facilities to A$2.3 billion ($1.60 billion), representing an increase of A$0.5 billion on the commitments announced on May 5
** Says proceeds will support capital expenditure for ongoing data centre developments, recent customer contract wins, as well as for general corporate purposes
** Stock up 13.15 YTD
($1 = 1.4380 Australian dollars)
(Reporting by Shruti Agarwal in Bengaluru)
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