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The Tech Capital CyrusOne secures $687m SASB loan for Dallas data centre

CyrusOne has secured a US$687.1 million Single Asset Single Borrower (SASB) CMBS loan for CyrusOne’s DFW1 data centre, the company’s inaugural CMBS issuance. This transaction brings CyrusOne’s total capital raised this year to nearly US$12 billion. Eric Schwartz, Chief Executive Officer...

The Tech Capital SGH, SKT partner on AI factory, secure $200 million in cash

Designer and developer of IT solution SMART Global Holdings, Inc. (NASDAQ: SGH) has secured a $200 million preferred equity investment from SK Telecom (SKT) (NYSE: SKM), an affiliate of SK Group. SGH said in a statement that it plans to use the capital from SKT’s investment to enhance its capabilities and add to the company’s financial flexibility as SGH further exp...

The Tech Capital BW Digital, Telin to develop Nongsa-Changi submarine cable system

PT Telekomunikasi Indonesia International (TELIN) and BW Digital have entered into a partnership to develop and construct the Nongsa-Changi submarine cable system linking Batam and Singapore. The memorandum of understanding (MoU) for this joint venture was signed during the International Telecoms Week 2024, held in Washington DC, USA. The Nongsa-Changi cable has been des...

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