Singapore data center firm STT GDC seeks $2.4b loan
Standard Chartered and DBS are among the banks arranging the proposed three-year facility.
Private equity firm KKR, telecommunications company Singtel, and Tata Group are considering selling their majority shares in STT Global Data Centres India Private Ltd (STT GDC India). This move aims to unlock value as the top three co-location providers in India are poised to benefit from a surge in global deals. The sale process, facilitated by advisors, will target global players, large Indian conglomerates, and financial sponsors.
STT GDC India currently operates 34 data centers across 10 locations with a total capacity of 613 MW.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Data centre firm STT GDC India goes on sale economictimes.indiatimes.com
