Goldman Sachs Tests Market for Microsoft-Linked Data Centers, Plans to Issue $5.4 Billion Debt
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Goldman Sachs Tests Market for Microsoft-Linked Data Centers, Plans to Issue $5.4 Billion Debt
According to Bloomberg, Goldman Sachs Group is gauging investor appetite for a potential $5.4 billion debt issuance plan, with the proceeds to be used to support the QTS data center project under Blackstone tied to Microsoft. The debt structure includes approximately $4.9 billion in secured bonds and approximately $500 million in term loans. Affected by recent sell-offs in AI-related debt, the issuance timing is still under discussion, and the plan remains uncertain.
Navigating Web3 tides with focused insightsTechFlow news, July 30, according to Bloomberg, Goldman Sachs Group (Goldman Sachs) is gauging investor interest in a potential $5.4 billion debt issuance plan, with the proceeds to be used to support the QTS data center project under Blackstone (Blackstone) tied to Microsoft (Microsoft). The debt structure includes approximately $4.9 billion in secured bonds and approximately $500 million in term loans. Affected by recent sell-offs in AI-related debt, the issuance timing is still under discussion, and the plan remains uncertain.
