Warburg-Backed Princeton Digital to Raise $1 Billion in Debt

  • Data center firm seeks funds to bankroll business expansion
  • Firm constantly assesses needs including raising equity
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Princeton Digital Group said it’s looking to raise $1 billion in debt across multiple projects as the Singapore-based data center operator seeks to expand its business.

“Given the business momentum and planned growth, the company constantly assesses its capital needs, including raising equity,” a representative for the company said in a statement.