CoreWeave’s Credit Rebound Drives Cheaper Data Center Funding

Bloomberg Tech

CoreWeave’s Credit Rebound Drives Cheaper Data Center Funding

When Applied Digital Corp. first tapped the junk-bond market in November to fund a data center project tied to CoreWeave Inc., it had to stomach a hefty yield to get the deal done. Fast forward to this week, and borrowing costs for another portion of the same project tumbled.

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