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Stockreport

Bain Capital-Owned Bridge Data Gets Record $2.8 Billion Loan [Yahoo! Finance Canada]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance Canada
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Most Read from Bloomberg 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, launched a record $3.4 billion-equivalent facility to the market also for its data center operations in Malaysia. The deals highlight the vast financing needs for the sector as firms in the region look to meet the growing demand for services linked to artificial intelligence. The state of Johor, which borders Singapore, has been a major beneficiary of this [Read more]
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Stockreport

Bain Capital-Owned Bridge Data Gets Record $2.8 Billion Loan [Yahoo! Finance Canada]

Microsoft Corporation  (MSFT) 
More Company Research Source: Yahoo! Finance Canada
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Most Read from Bloomberg 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, launched a record $3.4 billion-equivalent facility to the market also for its data center operations in Malaysia. The deals highlight the vast financing needs for the sector as firms in the region look to meet the growing demand for services linked to artificial intelligence. The state of Johor, which borders Singapore, has been a major beneficiary of this [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS