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Nextdc Limited ( (AU:NXT) ) has issued an announcement.
NEXTDC Limited has secured new senior debt facilities totaling A$2.2 billion, increasing its total available senior debt facilities to A$5.1 billion. These new facilities, underwritten by a syndicate of leading banks, will primarily support capital expenditure for recent customer contract wins and ongoing data center developments, positioning NEXTDC for continued growth and expansion in the data center industry.
The most recent analyst rating on (AU:NXT) stock is a Buy with a A$19.50 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
More about Nextdc Limited
NEXTDC Limited is an ASX 100-listed technology company and a leading Data Centre-as-a-Service provider in Asia. The company is known for its innovative infrastructure platform that supports the digital economy by delivering critical power, security, and connectivity for global cloud computing providers, enterprises, and government entities. NEXTDC is globally recognized for its Uptime Institute certified Tier IV facilities and has a strong focus on sustainability, operational excellence, and energy efficiency.
Average Trading Volume: 2,452,128
Technical Sentiment Signal: Hold
Current Market Cap: A$8.94B
See more insights into NXT stock on TipRanks’ Stock Analysis page.