Loans

This comes amid efforts to raise funds to expand its global footprint as demand for AI capacity surges

They are expected to be issued on Aug 25 and listed on the Singapore Exchange

Affected customers will be contacted with information on what the move means for them and any next steps

This leaves the company struggling to find other funding options

Borrowing to fund AI raises worries over aggressive spending on tech that has not yet delivered consistent returns

Talks are ongoing, and no final decisions have been made, they add

The company said it was surprised at the loan given to Airbus

The pickup comes as high bond yields make market funding less attractive

As many as one in ten Chinese adults fell behind on debt payments in 2025