{"slug": "goldman-sounds-out-investors-for-1-15-billion-coreweave-data-center-bond", "title": "Goldman sounds out investors for $1.15 billion CoreWeave data center bond", "summary": "Goldman Sachs is sounding out investors for a roughly $1.15 billion junk bond to finance a data center near Richmond, Virginia, leased to CoreWeave, with the offering expected in September. The project, developed by American Real Estate Partners' PowerHouse Data Centers and Chirisa Technology Parks, also relies on equity from Blue Owl Capital funds. Investors are demanding higher yields for AI infrastructure debt due to concerns about CoreWeave's speculative-grade credit rating, as seen when Galaxy Digital paid a 10% yield on a $3.5 billion offering backed by a CoreWeave lease last month.", "body_md": "Via baxtel.com\n\n# Goldman sounds out investors for $1.15 billion CoreWeave data center bond\n\nThe junk bond would finance a Virginia data center leased to CoreWeave as investors demand higher yields for AI infrastructure debt.\n\nGoldman Sachs is sounding out investor interest for a roughly $1.15 billion junk bond that would finance construction of a data center leased to CoreWeave, Bloomberg reported Wednesday, citing people familiar with the matter.\n\nThe offering is expected to reach the market in September, although discussions remain fluid and plans could change, according to the report.\n\nThe data center is located near Richmond, Virginia, and is being developed by American Real Estate Partners’ PowerHouse Data Centers and Chirisa Technology Parks.\n\nThe project also relies on equity investments from Blue Owl Capital funds, Bloomberg reported.\n\nThe financing comes as investors have become more cautious toward debt tied to the rapid expansion of AI infrastructure following heavy issuance earlier this year.\n\nCoreWeave has supported billions of dollars in junk debt issuance by data center developers through long term leases.\n\nHowever, concerns around the company’s speculative grade credit rating have pushed borrowing costs above those attached to projects backed by major hyperscalers such as Alphabet.\n\nThe shift was visible last month when Galaxy Digital paid a 10% yield on a $3.5 billion debt offering backed by a CoreWeave lease in order to attract investor demand.\n\nGoldman Sachs, CoreWeave and Blue Owl did not immediately respond to Bloomberg’s requests for comment.\n\n**Disclosure:** This article was edited by Editorial Team. For more information on how we create and review content, see our\n\n[Editorial Policy](https://cryptobriefing.com/editorial-policy/).", "url": "https://wpnews.pro/news/goldman-sounds-out-investors-for-1-15-billion-coreweave-data-center-bond", "canonical_source": "https://cryptobriefing.com/goldman-sachs-junk-bond-coreweave-data-center/", "published_at": "2026-08-19 17:52:29+00:00", "updated_at": "2026-08-19 18:54:55.188879+00:00", "lang": "en", "topics": ["ai-infrastructure", "ai-policy"], "entities": ["Goldman Sachs", "CoreWeave", "American Real Estate Partners", "PowerHouse Data Centers", "Chirisa Technology Parks", "Blue Owl Capital", "Galaxy Digital", "Alphabet"], "alternates": {"html": "https://wpnews.pro/news/goldman-sounds-out-investors-for-1-15-billion-coreweave-data-center-bond", "markdown": "https://wpnews.pro/news/goldman-sounds-out-investors-for-1-15-billion-coreweave-data-center-bond.md", "text": "https://wpnews.pro/news/goldman-sounds-out-investors-for-1-15-billion-coreweave-data-center-bond.txt", "jsonld": "https://wpnews.pro/news/goldman-sounds-out-investors-for-1-15-billion-coreweave-data-center-bond.jsonld"}}