Private credit firms mull $1bn AirTrunk buyout loan
Private Equity Wire
AUGUST 7, 2024
Private credit funds are currently in discussions to provide at least AUD1.5bn ($978m) in junior debt to support a potential buyout of Australian data centre operator AirTrunk, according to a report by Bloomberg citing unnamed sources sources familiar with the negotiations. These loans from direct lenders would complement an existing AUD7bn financing offer from banks, the sources said.
Let's personalize your content