Singapore-based Princeton Digital Group (PDG), Asia’s leading data center provider, today announced it has secured USD 230 million debt refinancing from China Merchants Bank, as part of its USD 1 billion expansion plan in China.

Both existing shareholders in PDG – Warburg Pincus and Ontario Teachers’ Pension Plan Board – also invested in this round, the company said in a statement. The company serves hyperscalers, internet and cloud companies and financial institutions with scalable internet infrastructure and data centre services to meet the increasing demand across Asia.

Princeton Digital Group Secures $230 Million Financing, Charts Out $1 Billion Expansion In China

Description

Company Information

Funding Insights