Oracle Michigan Data Center Debt Package
Sector: Data Center • Location: Saline Township, Michigan, United States
Source: Intellectia AI
Pacific Investment Management Co. (Pimco) is seeking to offload portions of a $14 billion debt package linked to Oracle Corp.'s data center development in Michigan. The financing is part of a $16.3 billion capital structure led by Bank of America, with roughly 15% equity including a $2 billion contribution from Blackstone Inc. The remainder is funded via 19.5-year bonds issued through a special pu
Project Information FAQ
Project Information
Want to explore the full details? View the full report
Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Pacific Investment Management Co. (Pimco) is seeking to offload portions of a $14 billion debt package linked to Oracle Corp.'s data center development in Michigan. The financing is part of a $16.3 billion capital structure led by Bank of America, with roughly 15% equity including a $2 billion contribution from Blackstone Inc. The remainder is funded via 19.5-year bonds issued through a special purpose vehicle under Rule 144A private placement. Pimco is testing institutional demand for notes with a coupon of approximately 7.5%, a premium over Oracle's existing senior debt maturing in 2040. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |