KKR, Singtel Group Seek $3.8 Billion Loan for STT GDC Buyout

A consortium comprising of KKR & Co. and Singapore Telecommunications Ltd. is in talks with banks for a loan of around S$5 billion ($3.8 billion) to support its proposed purchase...

By Megawati Wijaya, Kari Soo Lindberg, Sheryl Tian Tong Lee · Bloomberg Markets

A consortium comprising of KKR & Co. and Singapore Telecommunications Ltd. is in talks with banks for a loan of around S$5 billion ($3.8 billion) to support its proposed purchase of ST Telemedia Global Data Centres, according to people familiar with the matter.