DayOne secures $3.7B in debt for its Johor data center buildout
CEO Jamie Khoo is scaling a platform that reported $512 million in first-half revenue and $4.9 billion in outstanding debt before the new facility.
By RuntimeWire Staff · Published
Primary source: Reuters
Why it matters
DayOne's latest financing comes alongside its proposed IPO and a construction pipeline larger than its operating capacity. The company's SEC filing reports rapid revenue growth, a widening first-half loss and $4.9 billion in outstanding debt as of June 30th, 2026. Turning committed capacity into operating sites is the test facing CEO Jamie Khoo's expansion plan.

DayOne has secured RM15 billion, or about $3.7 billion, in financing for its Johor data center expansion, adding another large debt package as CEO Jamie Khoo takes the Singapore-headquartered operator toward a proposed Nasdaq listing. The seven-bank consortium disclosed the financing on October 13th.…