SEA Deal Ticker
A data centre now borrows like a toll road: Indonet signs a $530M five-year facility
PT Indointernet's subsidiary drew a $530.2 million credit facility on 2 September, priced at Term SOFR plus 2.5-2.6% and secured against the project itself. Bangkok Bank, Bank of China and MUFG participated.
Positive-sum angle: Anyone in Jakarta buying GPU hours has been quoted against imported capacity. Racks financed like infrastructure are the first sign the price gets set onshore.