Meta-Tied Data Center Draws Blowout Demand for Debut Junk Bond

(Bloomberg) -- The first junk-bond offering for a data center tied to Meta Platforms Inc. attracted demand more than four times the deal's size, with juicy yields helping to lure investors. Most Read from Bloomberg Saudis Give European Oil Buyers No Supplies for Next Month Zuckerberg Has an AI Empire to Build. Meet the Adviser Who Handles the Details Fed Raises Rates to Curb Inflation, Drawing Rebuke From Trump McDonald's Is Planning to Revamp Its Value Strategy to Revive US Sales Warsh Defies Trump's Calls for Rate Cut as War Stokes Inflation Money managers placed orders of about $10 billion for CleanSpark Inc.'s debt sale, set at almost $2.28 billion, according to people familiar with the matter. The five-year notes launched at a price of 98.