AirTrunk in Talks for About $3 Billion Loan for New Sydney Data Center

Blackstone-backed data center operator AirTrunk is in talks with banks for an A$4.3 billion (about $3 billion) loan to fund a new hyperscale facility, SYD3, in Sydney West, Australia, it emerged on June 18, 2026. According to people familiar with the matter, the deal is being structured as a five-year facility, with AirTrunk seeking underwriting commitments from banks; terms are not finalized and could change. Details