BlackRock (BLK) Launches $12.3B Bond Deal for Meta AI Data Center
TLDR BlackRock is marketing $12.3 billion in high-grade bonds to fund a Meta data center in El Paso, Texas The bonds are being offered through a BlackRock holding company called Sopaipilla Investor, with notes due in 2048 Price talk is set at a premium of ~2.875 percentage points over Treasuries The data center will deliver
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