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Bank of America, Blackstone, Citi and Morgan Stanley have announced a US$63bn financing structure to acquire artificial intelligence computing equipment from Broadcom and lease it to Anthropic, creating an unusually large example of asset-backed funding for technology infrastructure. The transaction,...
#AI infrastructure#Anthropic#asset-backed finance
Latvia's airBaltic has entered US Chapter 11 proceedings with a commitment for €350m of debtor-in-possession financing, giving the airline a…
#airBaltic#airline finance#Barclays
AI cloud operator Lambda has closed a US$926m senior secured term loan backed by GPU infrastructure and the contracted cash…
#AI infrastructure#asset-backed finance#Citizens Bank
Core Scientific has arranged US$600m of committed senior secured bank facilities, combining a US$100m revolver with a US$500m letter-of-credit line…
#Core Scientific#data centres#Goldman Sachs
Webster Bank names Dan Gioia as Senior Managing Director, Third Party and Large Corporate ABL Origination, in the Asset Based…
#Dan Gioia#David Viggiano#Morgan Stanley