Princeton Digital Group is seeking a $1.2 billion loan for its Malaysia data center

What happened: Princeton Digital Group is seeking a $1.2 billion loan to fund a 198.8-megawatt data center campus in Johor, Malaysia, and to refinance existing debt. Key numbers: $1.2 billion loan, 198.8-megawatt campus in Johor. Why it matters: The financing shows continued capital flowing into Malaysia data center capacity, with part of the proceeds also used to refinance existing debt.

Princeton Digital Group is seeking a $1.2 billion loan to fund a 198.8-megawatt data center campus in Johor, Malaysia, and to refinance existing debt.

The financing shows continued capital flowing into Malaysia data center capacity, with part of the proceeds also used to refinance existing debt.