Juicy Yields Draw Junk Bond Buyers to Investment-Grade AI Debt
Companies looking to finance data center projects are increasingly turning to junk bond investors to help them raise billions of dollars, even for debt that is investment-grade.
Syndicated via official news feed
Syndicated feed content with full publisher credit.
More in Business
Continue reading verified coverage and related developments on this desk.
More from Business
Latest developments and reports from the desk
The struggle to shut down the illegal tobacco trade
There's been an “explosion” in the sale of illegal tobacco in Scotland, according to Trading Standards.
Apax Lines Up About €1 Billion Debt to Buy Gerresheimer Units
Bankers are lining up about €1 billion ($1.2 billion) of debt financing to back Apax Partners’s purchase of two businesses from packaging firm Gerresheimer AG.
Uber to Cut 3,300 Jobs in Management Overhaul
Uber Technologies is cutting about 3,300 roles, or 10% of its staff globally, in a restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses.…