GDS Shifts to Deal-Making High-Gear to Keep Funding Its Money-Losing Operations
The data center operator is reportedly in talks to sell a stake in its international business, just a month after raising $580 million from a bond sale Key Takeaways: GDS…
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FAST NEWS: Chindata Sees Big Demand for $300 Million Note Sale
The latest: Data center operator Chindata Group Holdings Ltd. (CD.US) announced on Thursday it has priced its offer of $300 million worth of senior notes due in 2026. The notes…
GDS Dials Up New Funds With Convertible Bond Issue
The data center operator will raise $580 million by issuing convertible notes, becoming the latest offshore-listed Chinese company to seize on positive market sentimentKey Takeaways:GDS will raise $580 million by…
Management-Led Group Advances in VNET Bidding War, as Big Names Line Up to Play
A buyout group led by the data center operator’s chairman has found important new backing for its bid from a major government-affiliated fund Key Takeaways: A government-backed fund has lined…
Private Equity Buyers Swirl Around VNET. But Will They Find Any Value?
MBK Partners and several other private equity firms are weighing bids for the least-respected of China’s three independent data center operators, according to a media report Key Takeaways: Korea’s MBK…
VNET Finally Gets Some Respect from Unsolicited Suitor
Private equity group offers to buy all of the data center operator’s American depositary shares for nearly a 50% premium over their previous close Key Takeaways: VNET has received an…
GDS Raises Funds for Accelerating Expansion, But Investors Unimpressed
China’s leading data center operator will sell $620 million in convertible notes to Singapore’s GIC and ST Telemedia, as well as local private equity giant Sequoia China Key Takeaways: GDS…
