[BUSINESS]■ STORY TIMELINE
COREWEAVE DATA CENTER RAISES $1.1B IN JUNK BONDS
A data center developer backed by Blue Owl Capital raised $1.1 billion through a junk-bond offering at a 9.25% yield to finance AI infrastructure expansion.
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Gowri Gurumurthy / Bloomberg: Source: a CoreWeave-tied data center raised $1.1B in junk bonds at 98.5 cents on the dolla…