GDS International's Series B Equity Raise Upsized To US$1.2 Billion Amid Strong Investor Support
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The Series B new issue is expected to close by the end of this year.
Jamie Khoo, CEO of GDS International, commented:
"We are delighted with the strong investor support for our Series B new issue, which enables us to upsize and add renowned new investors to our shareholder base. The success of this equity raise underscores the strength of GDSI's vision and strategy. This additional funding will enable us to accelerate our plans to create new data center markets and to deliver state-of-the-art digital infrastructure solutions."
About GDS International
GDS International (GDSI) is a data center pioneer. We develop and operate next-generation digital infrastructure for industry leaders who demand reliable, quickly scalable and cost-effective solutions. Our cutting-edge data centers empower hyperscalers and large enterprises to connect with and support their customers to spur innovation and shape the futures of their industries across
Singapore, Malaysia,
Indonesia, Thailand,
Hong Kong, Japan, and beyond. Headquartered in
Singapore, GDSI's leadership team has more than 20 years of experience building
Asia's largest data center business, and creating new markets to support global customers, including pioneering the development of the SIJORI (Singapore,
Johor and Riau Islands) region as a global hub for data centers.
View original content:https://www.prnewswire.co.uk/news-releases/gds-internationals-series-b-equity-raise-upsized-to-us1-2-billion-amid-strong-investor-support-302326155.html
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