Yonhap Infomax NewsFeb 23
Blue Owl Capital is struggling to secure financing for a $4 billion data center project in Pennsylvania, as investor caution over AI firms’ credit risk grows; the company has obtained $500 million in bridge financing but faces pressure to secure long-term funding.
#YonhapInfomax #BlueOwlCapital #CoreWeave #DataCenter #BridgeFinancing #CreditRisk #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106323
Blue Owl Faces Hurdles in Data Center Financing as Investors Remain Tepid

Blue Owl Capital is struggling to secure financing for a $4 billion data center project in Pennsylvania, as investor caution over AI firms’ credit risk grows; the company has obtained $500 million in bridge financing but faces pressure to secure long-term funding.

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Show threadNonilexApr 4, 2024

“[#MichaelShvartsman stated a friend of his owns a bank in the island of Dominica & would be able to provide #banking services to #Russia & #Ukraine Nationals if the [CI] had other clients in need of that service,” the DHS rpt said.

“[Shvartsman’s assoc] told the [CI] that he does not think the #SEC [could] go after [Shvartsman] for his part…but mentioned that [Shvartsman] essentially provided ‘#BridgeFinancing’ for the firm behind… #TruthSocial….”

#Trump #criminal #law #NationalSecurity