29 September 2016

NEXTDC completes $150m capital raising

NEXTDC Limited (ASX: NXT) is pleased to announce the successful completion of its $150 million capital raising with the close of the Retail Entitlement Offer, raising approximately $45 million from retail shareholders.

There was strong support from investors with applications in excess of the number of shares on offer.

The Institutional Entitlement Offer previously closed on 7 September raising $56 million, together with the institutional Placement which raised a further $50 million.

The funds will primarily be used for the construction of the new 30MW Sydney data centre (S2).

For more information please read the full ASX announcement.