Meta selects Pimco, Blue Owl for $29 billion data centre financing : Bloomberg
Meta has selected investment management firm Pimco and alternative asset manager Blue Owl Capital for a $29 billion financing deal related to its data centre projects in rural Louisiana, Bloomberg News reported on Thursday.
Pimco is set to lead the $26 billion debt component of the financing, while Blue Owl will contribute $3 billion in equity, the report said, citing people familiar with the matter.
The debt portion is likely to be issued in the form of bonds, the report added.
