Oracle’s $18 billion data center debt under pressure, FT reports

Oracle’s $18 billion data center debt under pressure, FT reports

Sept 18 (Reuters) - About $18 billion in loans tied to an Oracle-leased data center in New Mexico has come under pressure, with loans ​quoted at 89 to 91 cents on ‌the dollar by syndicate banks, including Santander and Jefferies, the Financial Times re...

Oracle's $18 billion data center debt under pressure, FT reports

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Oracle faces $18B data centre debt strain amid local pushback

Oracle's financial strain and local resistance could hinder its AI data center expansion, impacting its competitive edge and market stability.