BlackRock Raises $12.5 Billion of Debt for Meta Data Center

BlackRock Inc. wrapped up a $12.5 billion bond sale tied to a Meta Platforms Inc. data center project in Texas after a nearly week-long marketing process and a selloff in...

By Michael Gambale and Davide Barbuscia · Bloomberg Markets

BlackRock Inc. wrapped up a $12.5 billion bond sale tied to a Meta Platforms Inc. data center project in Texas after a nearly week-long marketing process and a selloff in big tech debt.