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BlackRock raises US$12.5 billion debt for Meta data centre project
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BlackRock has successfully raised US$12.5 billion in debt financing for a Meta data centre project. The 2048 note was sold at a yield premium of 2.875 percentage points over 10-year Treasury yields, according to a source. The proceeds will fund the construction of a data centre campus in El Paso, Texas, which is expected to provide up to one gigawatt of computing capacity, primarily for artificial intelligence workloads. The transaction was reported by The Business Times Singapore on July 28, 2026.
Source report
BlackRock has raised US$12.5 billion in debt financing for a Meta data centre project, according to a source familiar with the matter.
The 2048 note was priced at a yield premium of 2.875 percentage points over 10-year Treasury yields.
Key Details:
- Proceeds will fund a data centre campus in El Paso, Texas
- The facility is expected to provide as much as one gigawatt of computing capacity for AI workloads
Published: Tue, Jul 28, 2026 · 06:27 AM
Source
The Business TimesRegional
Part of this Story
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