STT’s data centre unit, STT Global Data Centers (STT GDC), is mulling a US$1 billion raise as it considers an initial public offering (IPO). The group, backed by Singapore’s state-owned investment firm Temasek Holdings, is rumoured to have already held conversations with potential advisers on the raising round. The funding could help set a valuation benchmark for an ...

American Tower Corporation (NYSE: AMT) has announced the pricing of its registered public offering of senior unsecured notes due 2027 and 2031 in aggregate principal amounts of €600.0 million (approximately $660.2 million) and €500.0 million (approximately $550.2 million), respectively. The 2027 notes will have an interest rate of 4.125% per annum and are being issued ...

US digital infrastructure REIT Equinix (NASDAQ: EQIX) has increased its 2023 annual guidance as demand for hosting services continues to outpace projections. The operator said it expects revenues to now reach US$8.175 - US$8.275 billion, an increase of 13 - 14% over the previous year, or a normalised and constant currency increase of 14 - 15%. This represents an increase...