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Applied Digital Corp. is offering its $2.35 billion junk bond at what would be the US market’s second-biggest discount of 2025, as the deal has struggled to generate investor demand.
By Gowri Gurumurthy · Bloomberg Markets
Applied Digital Corp. is offering its $2.35 billion junk bond at what would be the US market’s second-biggest discount of 2025, as the deal has struggled to generate investor demand.