Singapore-based data center developer Bridge Data Centres (BDC) is in discussions with lenders to obtain a potential loan of up to US$6 billion for its Thailand expansion, according to Bloomberg citing people familiar with the matter. If finalised, this would be one of the largest data center loans in Asia, second only to DayOne’s US$ 7 billion loan (if the increased amount is approved).
The loan tenure is likely to be 12 months, according to the people. Talks are still ongoing and the details could change. BDC declined to comment.
Earlier this month, the Bain Capital-owned firm revealed plans to invest up to S$ 5 billion in Singapore to advance next-generation digital infrastructure and strengthen the country’s position as a leading AI and cloud hub in Asia Pacific. BDC is on a rapid expansion drive across Southeast Asia especially in Thailand and Malaysia.