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Pimco is in talks with Bank of America to provide $14 billion in debt financing for a massive Oracle data center project.

Updated ·First reported ·1 source

Summary

Pimco is reportedly in talks with Bank of America to provide approximately $14 billion in debt financing for an Oracle data center in Michigan. The financing would support the construction of the facility, according to Bloomberg Markets.

Key Facts

  • Pimco is in discussions with Bank of America to provide roughly $14 billion of debt financing for an Oracle data center in Michigan.[1]unverified

Locations

MichiganUnited States, Midwest
44.31, -85.60

Sources (1)

  • initial report

Changelog

initial reportv1

Automated synthesis

Show summary

Pimco is reportedly in talks with Bank of America to provide approximately $14 billion in debt financing for an Oracle data center in Michigan. The financing would support the construction of the facility, according to Bloomberg Markets.

  • • Pimco is in discussions with Bank of America to provide roughly $14 billion of debt financing for an Oracle data center in Michigan.