Source: a CoreWeave-tied data center raised $1.1B in junk bonds at 98.5 cents on the dollar to yield 9.25%, ~2.7 percentage points above similarly rated debt (Gowri Gurumurthy/Bloomberg)
A data center developer sponsored by affiliates of Blue Owl Capital Inc. raised $1.1 billion through a junk-bond offering to finance …
We haven't written up this one. Techmeme has the full story — the link below goes straight to it.
