BlackRock raising $12 billion in bonds for Meta Texas data center
BlackRock is seeking to raise over $12 billion through a bond offering to finance the construction of a Meta Platforms data center campus in El Paso, Texas. The project will be managed by Project Sopaipilla Holdings, with BlackRock holding an 80% stake and Meta owning 20%. JPMorgan Chase and Morgan Stanley are managing the offering.
Topics: BlackRock bonds data centers infrastructure Meta