PIMCO bought $10B of Oracle's record $16.3B data centre bond deal after US banks pulled back. The Michigan campus is part of $72B in Stargate infrastructure debt with a 19.5-year maturity.
Financing is secured and construction is underway, but power contracts behind Michigan's massive Oracle data center are now ...
This position, which once topped 1 billion shares, has been halved since July 2024.
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