Pimco Eyes $14B Debt Deal to Fund Oracle's Michigan Data Center

AI Business Correspondent5d agoBloomberg Technology✓Verified across 1 source

The Brief

Pacific Investment Management Co. is negotiating with Bank of America to finance approximately $14 billion for Oracle's massive Michigan data center project. The deal reflects surging investor demand for AI infrastructure financing as tech giants expand computing capacity.

✓Verified across 1 independent source

Sources

01https://www.bloomberg.com/news/articles/2026-04-07/pimco-said-to-weigh-14-billion-debt-deal-for-oracle-data-center

Pimco Eyes $14B Debt Deal to Fund Oracle's Michigan Data Center

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