Technology
HSBC Seeks to Hedge Data Center Debt With Credit Risk Insurance
Key Points
EXCLUSIVE HSBC Seeks to Hedge Data Center Debt With Credit Risk Insurance HSBC Holdings Plc is looking to offload credit risk on data center loans to insurers as demand for artificial intelligence-related finance continues to grow. The bank is holding preliminary discussions with insurers about a series of project finance deals, some of which are tied to AI infrastructure, according to people familiar with the matter. The deliberations follow an earlier assessment of insurers’ appetite to...
EXCLUSIVE
HSBC Seeks to Hedge Data Center Debt With Credit Risk Insurance
HSBC Holdings Plc is looking to offload credit risk on data center loans to insurers as demand for artificial intelligence-related finance continues to grow.
The bank is holding preliminary discussions with insurers about a series of project finance deals, some of which are tied to AI infrastructure, according to people familiar with the matter. The deliberations follow an earlier assessment of insurers’ appetite to cover a portfolio exclusively focused on data centers, they said, asking not to be identified because the matter is private.