Meta-Tied Data Center Taps US Junk Bonds for the First Time

(Bloomberg) -- CleanSpark Inc. is seeking to borrow roughly $2.23 billion through a junk-bond offering to fund artificial intelligence infrastructure tied to Meta Platforms Inc.. Most Read from Bloomberg Fed Raises Rates to Curb Inflation, Drawing Rebuke From Trump Zuckerberg Has an AI Empire to Build. Meet the Adviser Who Handles the Details Saudis Seek to Resume Half of Key Oil Pipeline Within Days EU Proposes Canada Become the Bloc's First 'Associate Member' Stocks Fall as Fed Hikes and Signals More to Come: Markets Wrap The five-year notes will help finance construction of a data center in Sandersville, Georgia, according to a regulatory filing.