BlackRock Eyes More Than $12 Billion Debt for Texas Data Center
BlackRock Inc. is planning to issue more than $12 billion in bonds to finance a large data center campus in El Paso, Texas. This debt offering is part of a broader trend of major tech companies raising capital through bond sales to fund their substantial artificial intelligence infrastructure investments.
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BlackRock Eyes More Than $12 Billion Debt for Texas Data Center
BlackRock is planning to issue over $12 billion in bonds to finance a major data center campus in El Paso, Texas. This debt offering reflects the broader trend of tech companies using bond markets to fund their substantial artificial intelligence infrastructure investments.
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