Pimco Plans to Provide $14 Billion in Debt Financing for Oracle's AI Data Center
2026-04-08 10:21
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en.Wedoany.com Reported - According to informed sources, Pacific Investment Management Company (Pimco) is in talks with Bank of America to provide approximately $14 billion in debt financing for the construction of a massive AI data center for Oracle in Michigan. This financing may be conducted in the form of bonds, and Pimco may also distribute some of the bonds to other investors. The AI data center is a core component of Oracle's cloud infrastructure expansion plan.

The Michigan AI data center project is a crucial node in Oracle's global computing power deployment. In its 2025 financial report, Oracle disclosed plans to increase the number of cloud infrastructure regions to over 50 by the end of 2026, with North America being a key investment focus. Michigan, with its tax incentives and stable power supply, has become one of the chosen locations for hyperscale AI data centers. According to public information, this AI data center is expected to deploy tens of thousands of GPU servers, primarily for AI training and inference tasks.

As the world's largest actively managed fixed-income investment management firm, Pimco managed approximately $2 trillion in assets as of the end of 2025. If this proposed $14 billion financing is finalized, it would become one of the largest single debt financing deals in the field of AI data center infrastructure. Bank of America is serving as the lead arranger for this transaction. The parties involved have not yet reached a final agreement on the financing terms, and the deal details may still be adjusted.

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