Gds announces private placement of us$580 million 4.50% convertible senior notes due 2030

Shanghai, china, jan. 11, 2023 (globe newswire) -- gds holdings limited (“gds holdings,” “gds” or the “company”) (nasdaq: gds; hkex: 9698), a leading developer and operator of high-performance data centers in china, today announced that it has entered into agreements to sell us$580 million in aggregate principal amount of 4.50% convertible senior notes due 2030 (the “notes”) to various private equity funds and institutional investors, including a sovereign wealth fund (collectively, the “investors”).
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