BlackRock Kicks Off $12.3 Billion Bond Sale for Meta Data Center

AI Summary

BlackRock Inc. has begun marketing $12.3 billion in high-grade bonds to fund the construction of a Meta Platforms Inc. data center. This large bond sale tests investor appetite amid rising concerns over heavy investments in AI infrastructure.

BlackRock Inc. began marketing $12.3 billion of high-grade bonds to fund a Meta Platforms Inc. data center project, testing investor appetite amid growing concerns about excessive AI infrastructure spending.