DayOne Data Centers (“DayOne”) has successfully closed its RM15.0 billion equivalent multicurrency financing, comprising a RM7.5 billion Murabahah Term Financing facility and a USD1.7 billion Offshore Term Loan facility. The successful financial close of the landmark syndication was commemorated at a signing ceremony held today.

Structured under the Green Loan Principles, part of the proceeds from the dual-tranche financing (onshore Islamic and offshore conventional) is for refinancing and to support capital expenditure for DayOne’s data centres in Johor that meet or expected to meet LEED ‘Gold’ or higher certification (U.S. Green Building Council), setting a new benchmark for green digital infrastructure. 

OCBC Bank (Malaysia) Berhad (“OCBC Bank”) and its parent Singapore-based Oversea-Chinese Banking Corporation Limited acted as Joint Coordinator & Mandated Lead Arranger and Bookrunner and Green Financing Coordinator (“MLAB”), with OCBC Bank also acting as Joint Shariah Adviser.

Headquartered in Singapore, DayOne is a global pioneer in digital infrastructure platforms with a growing presence across both tier-one and emerging markets, including Singapore, Johor (Malaysia), Batam (Indonesia), Greater Bangkok, Hong Kong, Tokyo, and beyond. Backed by leading institutional investors, DayOne leverages its proprietary technology, global supply chain, deep customer engagement and collaboration, and strong management expertise to deliver scalable digital infrastructure.

Mr Tan Chor Sen, Chief Executive Officer, OCBC Bank, said: 

“We are honoured to partner with DayOne in fulfilling its aspirations and  financing needs in Malaysia. As one of the largest integrated financial services groups in the region, OCBC’s regional strength enables us to support both the onshore and offshore tranches of this landmark Syndication. As a key MLAB, we supported DayOne with one of the highest underwriting commitments, reflecting our commitment to fostering a sustainable future that aligns with our leadership in responsible finance.”

Ms Tan Ai Chin, MD, Senior Banker, Coverage & Head of Investment Banking, OCBC Bank, added: 

“OCBC Bank is honoured to have acted as MLAB for this landmark financing, underscoring our dominance as the top lead arranger in the syndicated loan market. The ‘double-green’ structure—merging Islamic and sustainable finance coupled with the green feature of the facility—drew overwhelming demand, with oversubscription of two times by local and international banks.

We have been a leader in digital infrastructure financing regionally and remain dedicated to delivering tailored ESG financing solutions to drive sustainable digital infrastructure ecosystems forward.” 

The financing also involved CIMB Investment Bank Berhad, CIMB Bank Berhad (Singapore Branch), Crédit Agricole CIB, DBS Bank Ltd, Maybank Investment Bank Berhad, Standard Chartered Bank (Singapore), United Overseas Bank Limited, and UOB (Malaysia) Berhad as MLABs.