NEXTDC Moves to Raise A$2.2 Billion as Demand for Data Centre Capacity Escalates
NEXTDC Ltd (ASX:NXT) announced plans on Monday to raise approximately A$2.2 billion through a combination of a fully underwritten A$1.5 billion accelerated entitlement offer and an expanded A$1.7 billion hybrid securities issuance. The fundraising follows a sharp jump in contracted utilisation and a sizable increase in the company's forward order b…