Singapores Data Centre Startup AirTrunk Raises $332m Debt Financing

Singapore-based hyperscale data provider AirTrunk has raised S$450 million ($332.4 million) in debt financing to fund its expansion across Asia, including the launch of its hyperscale data centre in the city-state, it said in an announcement on Wednesday.

The debt financing was undertaken with three global financial institutions, Deutsche Bank, Goldman Sachs and Natixis, with additional equity capital from its founder and CEO Robin Khuda, and shareholders, Goldman Sachs and TPG Sixth Street Partners (TSSP).