Global Infrastructure Management

BlackRock raised US$12.5 billion in debt for a Meta Platforms data centre project in Texas, with the 2048 note pricing at a yield premium of 2.875 percentage points over 10-year Treasury yields. The d…

BlackRock has seen weaker-than-usual demand for a US$12.3 billion corporate bond sale tied to a Meta Platforms data centre project in Texas, with final demand reaching US$20 billion, or about 1.6 time…

BlackRock Inc. began marketing $12.3 billion of high-grade bonds to fund a Meta Platforms Inc. data center project in El Paso, Texas, testing investor appetite amid concerns about excessive AI infrast…