Bloomberg — a CoreWeave-leased data center goes to the junk-bond market for about $1.1 billion
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Bloomberg — a CoreWeave-leased data center goes to the junk-bond market for about $1.1 billion
· Bloomberg
Source: View source · Bloomberg · web
Why it's worth your time
Goldman-led banks are selling roughly $1.1 billion of high-yield debt to build a Blue Owl-sponsored data center leased to CoreWeave. How neocloud capacity gets financed — and at what spread — is the digestion case's live question, and this is a dated, priced data point on it.
Related
10 events DateTypeEvent
Sep 16 tweetParadis — Nebius raises rates on four-year-old H100s, and the GPU-depreciation bear case with them Oct 1 tweetKawzInvests — open models now carry 61% of Vercel gateway tokens while H200/B200 rents rise and H100/A100 rents fall Oct 2 tweetSemiAnalysis — Google's GPU cloud climbs to Gold in ClusterMAX, but CoreWeave and Nebius are still the Platinum names it holds up as the bar Sep 10 tweetM. V. Cunha — Nebius management at Goldman: demand visibility stretches to 24+ months, older GPUs stay economically relevant Sep 6 ArticleCoreWeave: delivered growth and financing demands Oct 9 tweetSemiAnalysis — rising H100 rents break the depreciation curve lenders underwrite, with $7T of debt coming Oct 9 ArticleAI Money Bought Running Power Plants and Sold the Build-Out Oct 15 tweetMarkos (AAIG) — neocloud returns now come down to yield on cost vs. 6–9% financing; watch dollar-per-megawatt pricing Oct 15 tweetKawzInvests — CoreWeave pays about 8.4% blended, not 15%; the real risk is the next financing Oct 16 tweetMarkos - Neocloud systemic risk is the B/C-tier wave borrowing against weak contracts, not the big names Source links
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