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Market Chatter: Brookfield Infrastructure Partners-Backed Data4 Exploring $2 Billion Debt Deal
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Market Chatter: Brookfield Infrastructure Partners-Backed Data4 Exploring $2 Billion Debt Deal
Jul 8, 2024 7:31 AM

10:01 AM EDT, 07/08/2024 (MT Newswires) -- Brookfield Infrastructure Partners ( BIP/PA ) -backed Data4 is mulling a $2 billion debt deal, Bloomberg reported Monday, citing an unnamed source.

Brookfield is discussing the financing with about six banks, the report quoted the source as saying.

Data4, a French data center operator, is looking to fund its platform amid the increased demand for artificial intelligence and cloud computing, the report said.

Brookfield and Data4 didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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