European lending giants Credit Agricole, Deutsche Bank and HSBC, and Japan’s MUFG are underwriting a mammoth $7 billion ready-to-use debt package for bidders seeking to get their hands on the $15 billion-plus data centre giant AirTrunk, Street Talk can reveal.

It is understood the four banks’ $7 billion commitment includes AirTrunk’s three Japanese data centres, which have previously been financed separately to the tune of about $1.2 billion.