DayOne Gets $3.5 Billion Funding for Johor Data Centers

DayOne Data Centers Singapore Pte. secured 15 billion ringgit ($3.6 billion) of multicurrency financing to support its green data centers in Malaysia’s Johor state, according to a statement from Oversea-Chinese Banking Corporation Ltd.

OCBC and its Malaysian unit OCBC Bank (Malaysia) Bhd. acted as joint coordinators for the syndicated financing, which comprises a 7.5 billion ringgit Islamic financing and a $1.7 billion offshore term-loan facility, the bank said.