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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, -85.60Sources (1)
- initial report
Changelog
initial reportv1
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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.