GDS has announced the successful acquisition of a syndicated green financing facility totaling MYR1.27 billion. The consortium of financiers includes UOB Malaysia, Bank of China (Malaysia) Berhad, OCBC Bank (Malaysia) Berhad, and Standard Chartered Bank (Malaysia) Berhad.
This marks the most substantial green financing secured by GDS to date, signifying a substantial foreign direct investment in Malaysia. It underscores GDS’s unwavering commitment to sustainability, emphasizing its positive influence in the region.
The funds procured through this loan will be utilized to finalize the development of Nusajaya Tech Park (NTP) Data Center Campus Plot 1 in Johor, Malaysia.
UOB Malaysia plays a pivotal role in this transaction, serving as the Sole Coordinator and sharing the position of Green Loan Coordinator with Standard Chartered Bank (Singapore) Limited.
Additionally, UOB Malaysia collaborates as Mandated Lead Arranger and Bookrunner (MLAB) with Bank of China (Malaysia) Berhad, OCBC Bank (Malaysia) Berhad, and Standard Chartered Bank (Singapore) Limited.
Aside from GDS, Singtel’s subsidiaries in the data center sector have also successfully secured a $535 million green loan for a five-year term from DBS, OCBC, UOB, and Standard Chartered which will also serve as coordinators for this green loan.