29.02.2012
Global Switch's inaugural bond issue has been highly commended
in the 2011 Treasurer Deals of the Year Awards. Its €600
million bond issue was runner up to the Deal of the Year in the
prestigious Corporate Finance Category.
28.11.2011
Global Switch, the leading carrier-neutral multi-tenanted
wholesale data centre provider, has officially launched a major
extension to its Paris data centre campus. The project has
been delivered on budget and ahead of programme.
24.11.2011
Fitch Ratings-London-23 November 2011: Fitch Ratings has
affirmed Global Switch Holdings Ltd's (Global Switch) Long-term
Issuer Default Rating (IDR) and senior unsecured rating at 'BBB'
with a Stable Outlook. "Further to its EUR600m 2018 bond issue in
April 2011, Global Switch retains strong credit metrics, with
leverage on a loan-to-value basis at around 20%," says Jean-Pierre
Husband, a Director in Fitch's EMEA Industrials and Property team.
"Global Switch's financial structure could absorb a possible
further downturn in global economic activity."
09.11.2011
Global Switch, the leading data centre provider in Europe and
Asia Pacific, has received Planning Consent from JTC Corporation to
build a best-in-class SGD$300 million fully-fitted data centre in
Singapore. This is the second major planning consent Global
Switch has received within a year, Sydney having received full
planning to build a second facility adjacent to its existing data
centre, already the largest of its kind in the Southern
Hemisphere.
27.10.2011
Moody's Investors Service has today assigned final ratings to
Global Switch Holdings Limited of Baa3 long-term issuer rating and
Baa3 rating to the 5.5.% EUR600 million senior unsecured notes due
18 April 2018. The outlook for all ratings is stable.
13.04.2011
Global Switch Holdings Limited ("Global Switch"), the leading
wholesale carrier neutral data centre owner and operator in Europe
and Asia-Pacific and rated BBB by Fitch and Baa3 by Moody's, has
launched its inaugural bond transaction.
31.03.2011
Moody's Investors Service has today assigned to Global Switch
Holdings Limited a provisional (p)Baa3 long-term issuer rating and
a provisional (p)Baa3 rating to a proposed EUR500 million senior
unsecured bond. The outlook for all assigned ratings is stable.
This is the first time Moody's has rated Global Switch, a real
estate operating company that owns, acquires, manages and develops
data centres with six in Europe, two in Asia Pacific and a ninth
under construction in Paris. The company's carrier-neutral data
centres offer wholesale, multi-tenanted space on medium to
long-term leases.
06.12.2010
Fitch Ratings-London 06 December, 2010: Fitch Ratings has
assigned UK-based Global Switch Holdings Ltd (Global Switch) a
Long-term Issuer Default Rating (IDR) of 'BBB' and a senior
unsecured rating of 'BBB'. The company's Short-term IDR
has been assigned at 'F3'. The Outlook on the Long-term IDR is
Stable. Global Switch is one of the world's largest owners and
operators of wholesale data centres.
24.11.2010
Global Switch, the leading data centre provider in Europe and
Asia Pacific, is to build a world class, A$200 million base build
(A$300 million fully-fitted) data centre in Sydney having received
Part 3A Major Projects approval from the NSW Department of
Planning. The 365,000 sq ft (34,000 sq m) new data centre -
Sydney 2 - will be adjacent to Global Switch's existing
data centre in Sydney which is already the largest facility of its
kind in the Southern Hemisphere with 450,000 sq ft (42,000 sq m) of
space.
25.10.2010
Global Switch has had a record quarter for new lettings. It has
signed up an aggregate of 92,000 sq ft (8,500 sq m) of data centre
space with over 10MW of power allocation across five of its data
centres in Amsterdam, London, Madrid, Singapore and Sydney.