Digital Core REIT (SG:DCRU) has released an update.
Digital Core REIT has successfully recast US$716 million in credit facilities to improve financial flexibility and support future data center investments. The refinancing extends the maturity dates by three years and upsizes the revolving loan facility, showcasing lender confidence in the company’s solid fundamentals and growth strategy. The move will help Digital Core REIT refinance existing debts and fund corporate activities, with the option to increase the facilities by an additional $500 million.
For further insights into SG:DCRU stock, check out TipRanks’ Stock Analysis page.
