Asia Data Center Debt Binge Hitting Banks' Limits, Barclays Says
· Business · Bloomberg, Wall Street Journal
The massive volume of debt being raised to construct data centers across Asia is testing the lending limits of regional banks. According to senior Barclays bankers, lenders are becoming increasingly selective regarding which infrastructure projects they choose to finance. The massive capital expenditure required for these facilities has accelerated rapidly to meet regional demand for digital infrastructure. Financial institutions are now reassessing their exposure thresholds amid mounting leverage concerns.
Why it matters
The tightening of bank credit could delay large-scale technology and infrastructure projects across Asian markets.
Read the original report — Bloomberg
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