DayOne拟为香港数据中心寻求2.37亿美元贷款，GDS仅为少数股权受益方

DayOne Data Centers is seeking a HK$1.86 billion ($237 million) loan, according to people familiar with the matter, adding to the company’s recent borrowing spree ahead of a planned US initial public offering.

The Singapore-headquartered data center operator is in talks with a consortium of Asian banks, including DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas Bank Ltd., for the five-year facility, said the people, who asked not to be identified when discussing private matters.

Proceeds would be used for refinancing and capital expansion for the company’s Hong Kong data center, the people said. The borrower is a special purpose vehicle, they added.

The loan talks are part of DayOne’s efforts to raise funds to expand its global footprint as demand for artificial intelligence capacity surges. They also highlight the continued interest of banks in the region to finance such projects.

Earlier this month, DayOne obtained a four-year, S$530 million ($417 million) loan from DBS, OCBC and UOB to develop its first Singapore-based data center, according to a joint statement from the lenders. It is also seeking to double the size of an existing loan to about $7 billion, in a deal that would be the largest borrowing for the data center sector by any firm in Asia.

The rush for financing comes as DayOne is considering raising around $5 billion from a US IPO as soon as next quarter.

DayOne, UOB, OCBC and DBS declined to comment.

Other data center operators with facilities in the Asia-Pacific have also been raising funds to build up their facilities. Thailand’s True Internet Data Center Co., for example, is seeking an about $2 billion-equivalent loan for a project in the country, while Blue Owl Capital’s Stack Infrastructure is seeking an A$8.5 billion ($5.9 billion) syndication loan to fund its latest facility in Melbourne.

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Formerly known as GDS International, DayOne was set up by GDS Holdings to manage its data center assets and operations outside mainland China. It later brought in international investors, including SoftBank Vision Fund, Coatue Management and Ken Griffin among others. The firm rebranded as DayOne last year and closed a $4.5 billion Series C funding round in June.

The company lists seven data center facilities as part of its planned or current operations in locations such as Singapore, Malaysia, Japan, Hong Kong and Finland, according to the company’s website.