Princeton Digital Group seeks up to $1.2 billion loan for Malaysia data centers

Singapore’s Princeton Digital Group is lining up a syndicated loan of up to $1.2 billion to expand its data centers in Malaysia. The financing push was reported on October 14, 2026. Five banks, one big check The facility would run for three years. A consortium of five lenders is arranging the deal. The lineup reads like a who’s who of Asian and international banking: HSBC Holdings Plc, Maybank Investment Bank, OCBC Bank (Malaysia), Standard Chartered Bank and United Overseas Bank. PDG, as the company is known, is not new to borrowing for Malaysia. In 2024, it secured a $280 million green loan for its data center campus in Johor. The new facility, at its upper limit, is more than four times the size of that earlier green loan. That jump says plenty about how quickly the appetite for capacity has grown in just two years. The company also disclosed larger multi-billion-dollar debt plans earlier in 2026. The Malaysia loan appears to be one piece of a broader financing strategy, not a standalone bet. Why Johor keeps showing up PDG’s portfolio already exceeds 1.8 GW of capacity spread across multiple Asian markets. Malaysia’s Johor region has become one of the company’s strategic locatio...