AIThe Next Webabout 2 hours ago
Nebius raises $4.5B in convertible bonds for AI data centres
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Nebius Group plans to raise $4.5 billion by selling convertible bonds in two parts: $2.75 billion maturing in 2030 and $1.75 billion in 2034. The Amsterdam-based company will fund AI data centre construction, expansion, and graphics chip purchases. Stock fell 9.2% in premarket trading.
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