CDC's existing financing arrangements comprise a highly diversified and multi-layered capital structure, including syndicated bank facilities, Asian term loan facilities and US Private Placement (USPP) note programmes issued to global institutional investors.
The transaction, which ran for almost a year from conception through to structuring, commercial negotiation, documentation and execution, closed on 31 March 2026 to coincide with CDC's financial year end. It involved multiple integrated workstreams, including separating the Group’s Australian and New Zealand assets and raising $2.75 billion across new debt facilities to fund the ongoing growth of the business and refinance maturing facilities. G+T also supported the amendment of facility agreements and programs to deliver enhanced commercial terms, greater operational flexibility and position CDC to deliver its business plan in the short to medium term.
The financing transaction was led by Banking Partner and Real Assets Co-lead Stuart Cormack, with support from lawyers Natalie Ho, Stephen Adrian and Hannah Townley.
The corporate transaction was led by Corporate Advisory Partner David Josselsohn, with support from lawyers Simon Goedhals and Alex Fielden.
Stuart commented:
This was a landmark transaction involving a large and diverse lender group across multiple facilities, jurisdictions and currencies. Data centres are at the forefront of Australia's digital infrastructure build-out, and the financing structures required to support their growth are increasingly sophisticated. The outcome positions CDC with one of Australia's largest and most flexible data centre debt platforms, maintaining strong support from both bank and institutional investors while providing the operational headroom to deliver on its significant development pipeline. We are proud to have worked alongside the CDC team over the past year to bring this to completion.
