Related Digital secures financing for $16 billion Oracle data center in Michigan

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April 24 : Data center developer Related Digital said on Friday it has secured financing for a $16 billion data center campus it is building in Michigan for Oracle. • The financing includes equity from Related Digital and funds affiliated with Blackstone, as well as fixed-rate, long-term debt financing anchored by PIMCO-managed funds and accounts, the company said. • PIMCO bought about $10 billion of the bonds that priced Friday, while other investors bought the remainder of the debt, Bloomberg

Related Digital secures financing for $16 billion Oracle data center in Michigan https://www.channelnewsasia.com/ - 25.04.2026 04:19

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Related Digital secures financing for $16 billion Oracle data center in Michigan https://www.channelnewsasia.com/ - 25.04.2026 04:19