Asian data centre operator GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) said that GDSH’s wholly-owned subsidiary, DigitalLand Holdings Limited (“GDS International” or “GDSI”), that acts as the holding company for GDSH’s international data centre assets and operations, has entered into definitive agreements for certain institutional private equity investors including Hillhouse, Rava Partners, Boyu, Princeville Capital, Tekne Capital to subscribe for US$587 million of Series A convertible preferred shares (the “Series A”) newly issued by GDSI.