JPMorgan Dangles 11% Yield on Volta’s $5 Billion AI Loan Sale

🌐 Bloomberg (United States) —

AI Summary

JPMorgan Chase is marketing a $5 billion leveraged-loan sale for Volta Infrastructure Holdings at an indicated yield of about 11%. The high borrowing cost reflects demand for risky debt used to finance the AI boom.

JPMorgan Chase & Co. is pitching a yield of about 11% on a $5 billion leveraged-loan sale on behalf of Volta Infrastructure Holdings Ltd., one of the highest borrowing costs seen in the market for risky debt that’s become popular for financing the AI boom.

Markets Deals AI & Tech JPMorgan Chase Volta Infrastructure Holdings leveraged loans AI financing 11% yield risky debt

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