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Bloomberg on MSN6d

Meta Picks Pimco, Blue Owl for $29B Data Center Deal

Meta Platforms Inc. has selected Pacific Investment Management Co. and Blue Owl Capital Inc. to lead a $29 billion financing ...

Meta picks Pimco, Blue Owl for $29 billion data center deal

Meta Platforms Inc. has selected Pacific Investment Management Co. and Blue Owl Capital Inc. to lead a $29 billion financing ...

Meta Taps PIMCO, Blue Owl For $29 Billion Louisiana Data Center Buildout As AI Infrastructure Race Heats Up

Meta is partnering with PIMCO and Blue Owl to raise $29 billion for its data center expansion, with PIMCO handling debt and ...

Meta’s superintelligence dream team will be management challenge of the century

Meta is spending a fortune to assemble the brightest minds in artificial intelligence. Research suggests that packing a team ...

Meta inks $29B financing deal for Louisiana data center

Mark Zuckerberg’s company tapped Pimco and Blue Owl Capital to lead a $29 billion financing package for its data center in ...

Meta’s $29-billion deal marks key moment for private credit

This week major lenders caught the biggest fish yet: a $29-billion financing package for Meta Platforms Inc.’s massive data ...
The Asset3d

Meta turns to private credit for data centre expansion

US tech giant Meta Platforms has tapped Pacific Investment Management Co (Pimco) and Blue Owl Capital to finance its US$29 billion data centre expansion in Louisiana, according to press reports.

Meta Lands Record $29B AI Data Center Deal -- Private Credit's Biggest Bet Yet

Private credit's biggest names have been waiting for an opening like this and Meta Platforms Inc. (NASDAQ:META) just handed them one. This week, Pacific Investment Management Co. and Blue Owl Capital ...

Meta’s deal marks key moment for private credit

“Private credit has been itching to get into this space,” said John Medina, senior vice-president on the global project and infrastructure finance team at Moody’s Ratings. “This deal is one of the ...