Pimco Sells $3 Billion in Meta Bonds as AI Debt Market Retreats
Photo: TokenPost
Pimco sold a $3 billion block of Meta-related bonds at a premium six to eight months after buying them, while stepping back from other AI debt deals as the market weakened. Pimco participated in roughly $18 billion of debt financing for a Louisiana data center project linked to Meta. Pimco participated in roughly $10 billion of debt financing for Oracle's Michigan data center project. The Louisiana project is one of Meta's data center ventures previously covered by TokenPost .
Source: TokenPost
