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Latham Advises Princeton Digital Group on US$400 Million Debt Financing
July 28, 2025
Firm represents one of Asia Pacific’s leading data center operators in the transaction.
Latham & Watkins has advised Princeton Digital Group (PDG), one of Asia Pacific’s leading data center operators, on its US$400 million debt financing from a consortium of global banks, including Barclays, BNP Paribas, and Deutsche Bank.
The Holdco loan will support PDG’s continued expansion and development of AI-ready data center infrastructure across Asia. Together with PDG’s recently announced US$1.3 billion preferred equity investment and US$800 million project financings, this brings the total capital raised by PDG in 2025 to US$2.5 billion across equity and debt.
The Latham team was led by Singapore partner Chuan Wei Kong, with associate Marc Jia Renn Tan.