DayOne Data Centers, a Singapore-based operator spun off from GDS Holdings, is in early discussions with banks about a potential 500 million dollar bond offering, with Citigroup serving as lead arranger. The issuance could be finalized as early as 2027 and would support the company’s expansion into AI-optimized hyperscale data centers. Alongside this, DayOne has filed for a US IPO aiming to raise up to 5 billion dollars on Nasdaq, and has already secured half of an approximately 7 billion dollar loan package. In the first half of 2026, the company reported revenue of 512 million dollars, up 238 percent year-over-year, while its net loss widened to 77.2 million dollars. DayOne has secured customer bookings totaling 2.3 gigawatts across Asia-Pacific and European markets.
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