GDS Holdings IPO Info

Company Name: GDS Holdings
Stock Symbol: GDS
Exchange: NASDAQ
Status: Priced
IPO Date: 11/2/2016
IPO Price: 10.00 (-14.00%)
Underwriters
Credit Suisse, JPMorgan, Citigroup, RBC, China Renaissance

Amount of Offering: N/A
Number of Shares Offered: 19.25 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
GDS Holdings Limited is a leading developer and operator of high-performance data centers in China. The Company’s facilities are strategically located in China’s primary economic hubs where demand for high-performance data center services is concentrated. The Company’s data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancy across all critical systems. GDS is carrier and cloud neutral, which enables customers to connect to all major PRC telecommunications carriers, and to access a number of the largest PRC cloud service providers, whom GDS hosts in its facilities. The Company offers colocation and managed services, including a unique and innovative managed cloud value proposition. The Company has a 15-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company’s base of customers consists predominantly of large Internet companies, financial institutions, telecommunications and IT service providers, and large domestic private sector and multinational corporations.

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