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Blackstone Tying Up $3 Billion AirTrunk Loan as Data Center Debt Binge Woes Grow

Bloomberg Technology Wednesday 22 July 2026, 01:10 UTC By Sharon Klyne 1 min read
Key Points

Blackstone Tying Up $3 Billion AirTrunk Loan as Data Center Debt Binge Woes Grow Blackstone Inc. is finalizing a group of banks to underwrite a A$4.3 billion ($3 billion) loan for the construction of AirTrunk Pty.’s new data center in Australia, according to people familiar with the matter, despite growing worries over the massive debt racked up for artificial intelligence infrastructure projects. Lenders include Credit Agricole SA, Citigroup Inc., DBS Group Holdings Ltd., Deutsche Bank AG,...

Blackstone Tying Up $3 Billion AirTrunk Loan as Data Center Debt Binge Woes Grow Blackstone Inc. is finalizing a group of banks to underwrite a A$4.3 billion ($3 billion) loan for the construction of AirTrunk Pty.’s new data center in Australia, according to people familiar with the matter, despite growing worries over the massive debt racked up for artificial intelligence infrastructure projects. Lenders include Credit Agricole SA, Citigroup Inc., DBS Group Holdings Ltd., Deutsche Bank AG, HSBC Holdings Plc, ING Bank NV, Mitsubishi UFJ Financial Group, Morgan Stanley and United Overseas Bank Ltd., said the people who asked not to be identified discussing a private matter.
Blackstone (ORG) Data Center Debt Binge Woes (ORG) Blackstone Inc. (ORG) AirTrunk Pty. (ORG) Australia (LOCATION) Credit Agricole SA (ORG) Citigroup Inc. (ORG) DBS Group Holdings Ltd. (ORG) Deutsche Bank AG (ORG) HSBC Holdings Plc (ORG) ING Bank NV (ORG) Mitsubishi UFJ Financial Group (ORG) Morgan Stanley (ORG) United Overseas Bank Ltd. (ORG)
Originally published by Bloomberg Technology Read original →

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