Street Talk
HMC Capital in $300m raise to buy Sydney data centres; taps four banks
David Di Pilla’s HMC Capital pulled the trigger on a much-anticipated $300 million equity raise to put towards its $1.93 billion purchase of Sydney data centre owner Global Switch Australia, which was first revealed by this column this month.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
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