JPMorgan Chase & Co. (JPM) and Mitsubishi UFJ Financial Group (MUFG) are leading an approximately $38B debt package to fund data centers connected to Oracle (ORCL) in Wisconsin and Texas, Bloomberg’s Scott Carpenter, Jeannine Amodeo, and Brody Ford report, citing people familiar with the matter. Several banks had already committed to financing a $23B loan for the campus in Shackelford County, Texas. That loan is part of the broader debt deal, the authors note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ORCL:
- Trump Trade: U.S. President asks SCOTUS to uphold tariffs
- Trump to host tech CEOs, Musk not invited, The Hill reports
- Nvidia Stock Gets Set to Shock with OpenAI’s Billion-Dollar Blocks
- OpenAI Targets India for Next Massive Stargate Data Center
- Private Markets: Commonwealth raises $863M as Nvidia joins investors