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ASX:NXT

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Asia

Nextdc Says JPMorgan Chase Ceases to be a Substantial Shareholder

Nextdc (ASX:NXT) received notice that JPMorgan Chase and its affiliates are no longer substantial holders of the company from Tuesday, according to a Friday filing with the Australian bourse.JPMorgan Chase and its affiliates became a substantial holder of the company on Monday, with a total voting power of 5.45%, an earlier filing showed.Nextdc's shares shed about 1% in recent Friday trade.

ASX:NXT
Asia

NEXTDC Completes Nearly AU$2 Billion Wholesale Offering of Subordinated Hybrid Securities

NEXTDC (ASX:NXT) completed the AU$1.7 billion wholesale offering of subordinated hybrid securities, comprising both the initial AU$1 billion series and the AU$700 million delayed draw series, according to a Thursday filing with the Australian bourse.Canada-based investment group La Caisse committed to subscribe for AU$1 billion and AU$700 million in the initial series and delayed draw series, respectively, the filing said.Settlement and issue of the initial series are expected to take place on May 15, while the delayed draw series may be issued within 12 months from May 6, subject to customary conditions precedent, per the filing.

ASX:NXT
Asia

Nextdc Secures AU$1.8 Billion in New Senior Debt Facilities

Nextdc (ASX:NXT) secured credit-approved commitments for AU$1.8 billion in new senior debt facilities from a syndicate of leading domestic and international banks, according to a Monday filing with the Australian bourse.The company's total senior debt capacity will increase to AU$8.2 billion from AU$6.4 billion following financial close, with pro forma liquidity rising to around AU$8.4 billion as at June 30, per the filing.The funds will be used primarily to support capital expenditure requirements associated with recent customer contract wins, ongoing data center developments, and general corporate purposes, the filing said.

ASX:NXT
Asia

Nextdc Launches AU$500 Million Retail Entitlement Offer

Nextdc (ASX:NXT) opened the retail portion of its fully underwritten 1-for-5.4 accelerated non-renounceable entitlement offer to raise about AU$1.5 billion in total, according to a Monday filing with the Australian bourse.The retail offer, expected to raise around AU$500 million, is priced at AU$12.70 apiece, the same price used in the institutional component, which recently closed and raised about AU$1 billion, per the filing.Eligible retail shareholders who fully exercise their entitlement may also apply for additional new shares up to 100% of their entitlement at the offer price under the top-up facility, the filing added.

ASX:NXT
Asia

NEXTDC Prices AU$750 Million Subordinated Notes

NEXTDC (ASX:NXT) has successfully priced and allocated AU$750 million of 4-year floating rate subordinated notes in the Australian wholesale debt market, with the margin set at three-month bank bill swap rate plus 350 basis points, according to a Friday filing with the Australian bourse.The issuance is part of the company's broader capital plan, alongside its entitlement offer and AU$1.7 billion hybrid securities deal, supporting record contracted utilization and its AU$2.2 billion expansion strategy, per the filing.Settlement and issuance are scheduled for April 30, subject to standard conditions, the filing added.

ASX:NXT
Asia

Nextdc Lifts Fiscal 2026 Capex Guidance Amid Surge in Contracted Demand

Nextdc (ASX:NXT) lifted its fiscal 2026 capital expenditure guidance to AU$2.7 billion to AU$3 billion from AU$2.4 billion to AU$2.7 billion previously after reporting a 60% increase in contracted utilization to 667 megawatts and an 83% jump in its forward order book to 544 megawatts, according to a Monday filing with the Australian bourse.The company expects higher contracted utilization and its order book to steadily convert into revenue, billing utilization, and earnings before interest, taxes, depreciation, and amortization (EBITDA) over fiscal 2026 to fiscal 2030, supported by ongoing expansion and early procurement at its S4 facility, the filing said.The company's fiscal 2026 net revenue and underlying EBITDA guidance remain unchanged, the filing added.

ASX:NXT

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