AirTrunk delays IPO to 2027 amid high interest rates

Blackstone-backed data center firm AirTrunk has pushed its IPO to 2027 due to high interest rates and market volatility. The company had planned to raise $1.5 billion and gauge investor interest this October. It is also considering raising its REIT yield by 0.5 percentage points to six percent.

• AirTrunk moved its IPO from 2026 to 2027
• The listing was expected to raise $1.5 billion
• REIT yield may rise 0.5 points to 6%
• PLDT delayed its IPO and Firmus canceled its listing