NEXTDC LIMITED — Capital/Financing Update 2021

Nov 7, 2021

ASX Release

8 November 2021

A$2.5 Billion Senior Debt Facilities

NEXTDC Limited (ASX: NXT) (“ NEXTDC ” or “the Company ”) is pleased to advise that the Company has executed loan and related agreements in relation to the refinancing of its existing A$1.85 billion in Senior Debt Facilities.

The refinance includes an upsize of A$650 million to a new aggregate limit of A$2.5 billion, together with material pricing, flexibility enhancements and extended tenors (“ New Facilities ”).

The New Facilities A$2.5 billion limit breakdown is summarised as follows:

Facility	Type	Amount	Maturity
Facility A	Term Loan Facility	A$800 million	Dec 2026
Facility B	Capex Facility	A$600 million	Dec 2026
Facility C	Multi-currency Revolving Facility	A$800 million	Dec 2026
Facility D	Term Loan Facility	A$300 million	Dec 2028

Financial close of the New Facilities is expected to occur in early December 2021.

On a pro-forma basis, NEXTDC will have liquidity of approximately A$2.4 billion, including cash of A$652 million (as at 30 June 2021), incremental drawn cash of A$300 million (Facility D) and undrawn debt of A$1.4 billion.

The additional debt capacity is expected to provide NEXTDC with additional headroom to fund its medium to longer term growth aspirations.

The New Facilities also include additional flexibility to facilitate the transition to Sustainability-Linked Loan status at a future date.

NEXTDC CEO and Managing Director, Craig Scroggie said:

"It is testament to NEXTDC’s best-in-class data centre facilities that we continue to receive significant support from our lending partners. We are delighted to materially enhance the size and structure of our Senior Debt Facilities. Securing this additional funding provides NEXTDC with A $ 2.4 billion in pro-forma liquidity as we continue to expand our digital infrastructure platform and accelerate investment across the region”

HSBC, ING, and NAB, acted as Mandated Lead Arrangers and Bookrunners on the transaction, which was syndicated to over 40 banks and institutional investors.

Cadence Advisory acted as financial adviser and Herbert Smith Freehills as legal adviser to NEXTDC in relation to the transaction.

This announcement is authorised by the Board of Directors.

ENDS

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For more information

Alex Teo

Vice President Strategy and Investor Relations T: +61 2 8072 4976 E: investorrelations@nextdc.com

NEXTDC Investor Centre: www.nextdc.com/our-company/investor-centre

About NEXTDC

NEXTDC is an ASX100-listed technology company and Asia’s most innovative Data Centre-as-a-Service provider. We are building the infrastructure platform for the digital economy, delivering the critical power, security and connectivity for global cloud computing providers, enterprise and government.

NEXTDC is recognised globally for the design, construction and operation of Australia’s only network of Uptime Institute certified Tier IV facilities, and the only data centre operator in the Southern Hemisphere to achieve Tier IV Gold certification for Operational Sustainability. NEXTDC has a strong focus on sustainability and operational excellence through renewable energy sources and delivering world-class operational efficiency. Our data centres have been engineered to deliver exceptional levels of efficiency and the industry’s lowest Total Cost of Operation through NABERS 5-star energy efficiency.

NEXTDC’s corporate operations have been certified carbon neutral under the Australian Government’s Carbon Neutral Initiative, in line with National Carbon Offset Standard (NCOS) for Organisations.

Our Cloud Centre partner ecosystem is Australia’s most dynamic digital marketplace, comprising more than 730 carriers, cloud providers and IT service providers, enabling local and international customers to source and connect with cloud platforms, service providers and vendors to build complex hybrid cloud networks and scale their critical IT infrastructure services.

NEXTDC is where the cloud lives ®.

To learn more, visit www.nextdc.com

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