Gate News message, April 22 — AirTrunk is seeking to raise at least A$500 million (US$358 million) through asset-backed bonds in the second half of 2026 to refinance existing bank loans. The company has met with investors in Australia and overseas, and appointed Deutsche Bank to lead the transaction. The planned sale could rank among Asia’s first asset-backed bond issues by a data center operator as investors continue funding AI infrastructure.
AirTrunk’s expansion efforts span multiple regions. On April 20, the company announced plans to acquire Lumina CloudInfra in India. The company is also pursuing a Singapore REIT listing that could raise up to US$1.5 billion, and recently secured a 191.6 billion yen (US$1.2 billion) green loan in Japan.