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55 Oracle needed the world’s biggest bond fund to finance the world’s biggest data centre

The Next Web
Cristian Dina @ The Next Web · today 14:15 EDT

In short: Oracle closed a $16.3 billion financing for a single data centre campus in Saline Township, Michigan, the largest single-facility technology debt package ever assembled. PIMCO anchored roughly $10 billion of the bond tranche because US banks retreated from the deal, citing doubts about AI infrastructure demand sustainability. The financing is part of $72 [
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