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Why It Matters
Gowri Gurumurthy / Bloomberg : 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 — A data center developer sponsored by affiliates of Blue Owl Capital Inc.
Provenance
Discovered via TechMeme and published by techmeme.com.
Key Claims
Original description
Gowri Gurumurthy / Bloomberg : 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 — A data center developer sponsored by affiliates of Blue Owl Capital Inc. raised $1.1 billion through a junk-bond offering to finance …
Discovered via TechMeme
Headline clustering and publisher rollups from Techmeme.
Publisher: techmeme.com
ID: https://www.techmeme.com/260923/p44#a260923p44 · Indexed about 1 hour ago