Oracle's $16.3B data centre financing required PIMCO to anchor $10B after US banks retreated
In short: Oracle closed a $16.3 billion financing for a single data centre campus in Saline Township, Michigan, the largest single-facility technology debt package ever assembled. PIMCO anchored ro...
Source: TNW | Data-Security
In short: Oracle closed a $16.3 billion financing for a single data centre campus in Saline Township, Michigan, the largest single-facility technology debt package ever assembled. PIMCO anchored roughly $10 billion of the bond tranche because US banks retreated from the deal, citing doubts about AI infrastructure demand sustainability. The financing is part of $72 […] This story continues at The Next Web
.png)