Meta Platforms is paying about 7.5% to borrow $12.5 billion through a holding company tied to BlackRock for a new artificial intelligence data centre in El Paso, Texas, with the debt kept off its bala…
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…
Bonds tied to a Meta Platforms Inc. data center project in Texas, sold by BlackRock Inc., rallied in early trading on Monday before formal pricing, signaling stronger demand than initially appeared fo…
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…