AirTrunk to delay Singapore IPO: report

AirTrunk to delay Singapore IPO: report

FILE PHOTO: Singapore Exchange's (SGX) logo is seen in the central business district, Singapore, April 7, 2020. REUTERS/Edgar Su/File Photo

Blackstone-backed hyperscale data-centre operator AirTrunk has delayed its Singapore initial public offering, citing market volatility and uncertainty over US interest rates, the Wall Street Journal reported on Tuesday.

AirTrunk might look to bring the IPO to market in the first or second quarter of next year, the newspaper said.

Reuters could not immediately verify the report.

Reuters

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