According to people familiar with the matter, Asian data center operator Princeton Digital Group Co., Ltd. is seeking syndicated loans of up to 1.2 billion US dollars for Malaysian project construction. Currently, the borrowing boom for artificial intelligence infrastructure continues. The person familiar with the matter, who asked not to be named, said that the lead arrangers and bookkeeping banks for the three-year loan include HSBC Holdings Singapore Branch, Maybank Investment Bank, OCBC Bank, Standard Chartered Bank, and UOB. People familiar with the matter said that the loan will be accepted by Princeton Digital Group Labuan Alpha Co., Ltd., a subsidiary of the group. The funds will be used for a 198.8 MW data center park project in Johor, Malaysia, and replace existing debt.

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