Source: a CoreWeave-tied data center raised $900M via five-year junk bonds, priced at par to yield 7.5%, as the sector increasingly turns to high-yield bonds (Gowri Gurumurthy/Bloomberg)
THE SO WHAT
A CoreWeave-linked data center raising $900M in five-year junk at 7.5% says the AI infra buildout is now tapping high-yield debt like an energy project, not just equity and cloud opex. If you’re planning to own your own racks, your CFO is now in the project finance business whether they like it or not.
READ THE SOURCE
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