AirTrunk to delay Singapore IPO, reportedly citing market volatility and US rate uncertainty
BX•Blackstone-backed AirTrunk has delayed its Singapore IPO, reportedly citing market volatility and uncertainty over US interest rates. It might bring the offering to market in the first or second quarter of next year.
1. IPO timing delayed
Blackstone-backed hyperscale data-center operator AirTrunk has delayed its Singapore IPO, reportedly citing market volatility and uncertainty over US interest rates. The company might look to bring the offering to market in the first or second quarter of next year.
