Technology
Goldman Pitches $5.4 Billion Debt for Microsoft-Tied Data Center
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Goldman Pitches $5.4 Billion Debt for Microsoft-Tied Data Center Goldman Sachs Group Inc. is gauging investor appetite for a potential $5.4 billion debt offering to help fund a Blackstone-backed QTS data center tied to Microsoft Corp., as bubble concerns push up costs for artificial intelligence infrastructure financings. The offering would include about $4.9 billion of secured bonds and a roughly $500 million term loan, according to people with knowledge of the matter. Timing is still being...
Goldman Pitches $5.4 Billion Debt for Microsoft-Tied Data Center
Goldman Sachs Group Inc. is gauging investor appetite for a potential $5.4 billion debt offering to help fund a Blackstone-backed QTS data center tied to Microsoft Corp., as bubble concerns push up costs for artificial intelligence infrastructure financings.
The offering would include about $4.9 billion of secured bonds and a roughly $500 million term loan, according to people with knowledge of the matter. Timing is still being discussed after a selloff in AI-tied debt, and the plans may change, the people added, asking not to be identified because they’re not authorized to speak publicly.