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CleanSpark Seeks $2.23 Billion Through Junk-Bond Offering Tied to Meta

Deals·1 article across 1 outlet

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

CleanSpark Inc. is seeking to borrow roughly $2.23 billion through a junk-bond offering to fund artificial intelligence infrastructure tied to Meta Platforms Inc..

This marks the first time a data center associated with Meta has tapped into the US junk bond market for financing.

CleanSparkMeta

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