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is looking to sell a portion of the $14 billion of debt financing it’s providing for a massive Oracle Corp.
PIMCO plans to sell part of its $14 billion debt financing for Oracle's Michigan data center.
KEY POINTS
- The Oracle data center project in Saline Township will be financed with $16.3 billion total.
- Approximately 15% of the financing will come from equity investment, with the rest from bonds.
- Bonds for the project will be issued by a special purpose vehicle created for this purpose.
COMPANIES
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