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TechFlow News, April 27: According to Bloomberg, Hut 8 Corp.’s project launched an investment-grade bond offering on April 27, with proceeds earmarked for constructing a data center affiliated with Google, a subsidiary of Alphabet. The guaranteed bonds issued will mature in 2042 and are initially priced at a yield spread of approximately 213 basis points over the benchmark rate.
According to Bloomberg, a project under Hut 8 Corp. launched an investment-grade bond offering on April 27, with proceeds earmarked for constructing a data center affiliated with Google, a subsidiary of Alphabet. The guaranteed bonds issued will mature in 2042, with an initial yield priced at approximately 213 basis points above the benchmark rate.
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