AIFinancial Post1 day ago
CoreWeave AI Funding Goes Global With First Euro Junk-Bond Deal
1 min read
CoreWeave is raising $3.55 billion in US and European debt markets, including the first euro-denominated junk-bond offering by a US AI infrastructure company. The euro tranche is €2 billion with yields between 8.5% and 8.75%, while the dollar portion is $1.25 billion at about 9.75%. JPMorgan is leading the offering.
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