35 billion debt financing, Galaxy Digital plans to support data center projects
2026-07-23 08:43
Odaily Odaily: According to sources, Galaxy Digital Inc. plans to issue approximately $3.5 billion in high-yield bonds for the first time to fund data center projects associated with CoreWeave Inc. The sources said Galaxy Digital is marketing the bond issuance to investors at a yield of around 9%. Morgan Stanley and Goldman Sachs are acting as underwriters for the issuance, with pricing expected to be completed on Thursday. The sources requested anonymity as the information is not yet public.
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