BlackRock finances Meta's Texas data center project through structured bonds

BlackRock (BLK) is financing a $12 billion+ bond issuance to support a new Meta Platforms (META) data center in El Paso, Texas. The deal is structured via a holding company, isolating risk from BlackRock’s balance sheet and signaling strategic investment into infrastructure-backed fee opportunities.

By Peace Longe · TheStreet ·

BlackRock finances Meta's Texas data center project through structured bonds

Tickers: $BLK $META $MS

Topics: BlackRock bond issuance data centers infrastructure investment Meta Platforms

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