Banks Including SocGen, MUFG Pull Back From Data Center Loan Deals

AI Summary

Société Générale, MUFG, and other major lenders are pulling back from some data-center loan deals tied to AI infrastructure. Market volatility and rising yields are prompting banks to favor safer transactions over more speculative financing.

Some of the largest lenders to the artificial intelligence build out are becoming more choosy about the deals they take on as market volatility and rising yields give lenders reasons to choose safer deals over more speculative ones. Lenders including Société Générale, Sumitomo Mitsui Banking ...