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Bain Capital-Owned Bridge Data Gets Record $2.8 Billion Loan [Yahoo! Finance]
Last microsoft corporation earnings: 4/29 04:06 pm
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to people familiar with the matter, marking the its largest bank financing deal ever. Most Read from Bloomberg How Britain's Most Bike-Friendly New Town Got Built The Dark Prophet of Car-Clogged Cities Washington, DC, Region Braces for ‘Devastating' Cuts from Congress NYC Plans for Flood Protection Without Federal Funds A Malibu Model for Residents on the Fire Frontlines Bridge Data is a unit of Wintrix, formerly known as Chindata Group Holdings Ltd., the Chinese data center operator that Bain Capital took private in 2023 in a deal worth about $3.2 billion. The loan carries a five-year tenor and is being syndicated to the broader market, said the people, who asked not to be identified discussing private matters. Proceeds of the facility will be used to refinance some existing facilities and fund expansion in Malaysia, the people added. A spokesperson for Bain Capital declined to comment. The loan comes after competitor DayOne, formerly known as GDS International, l
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