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Gowri Gurumurthy

Gowri Gurumurthy

Senior Reporter at Bloomberg

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Influence score
68
Phone
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Location
United States
Languages
  • English
Covering topics
  • Society
  • Finance & Banking Services

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Recent Articles

bloomberg.com

Electronic Arts $15 Billion Debt Sale Draws $25 Billion Demand

Electronic Arts Inc. has attracted about $25 billion of demand from investors for a nearly $15 billion debt offering to fund a buyout of the company, a sign of increased interest from buyers as banks navigate volatile markets to offload debt tied to acquisitions.
bloomberg.com

Google-Linked Data Centers Selling Record $5.7 Billion Junk Bond

There’s no stopping the artificial intelligence financing boom, with a record deal involving Google-backed data centers and an add-on sale by cloud infrastructure firm CoreWeave Inc. raising a combined $6.7 billion in new junk debt.
bloomberg.com

AI Junk-Debt Offering Wave Rolls On as Edged Compute Sells Bonds

Data center developers are returning to the junk-debt market to fund artificial intelligence infrastructure, adding to wave of new issuance.
bloomberg.com

Core Scientific Adds to AI Junk-Bond Wave With $3.3 Billion Deal

Core Scientific Inc. is looking to raise $3.3 billion from a junk-bond sale, joining a wave of high-yield issuers tapping debt markets to fund artificial intelligence infrastructure.
bloomberg.com

Nvidia-Tied Data Center Taps Junk-Debt Market for $4.5 Billion

A data center developer is seeking $4.54 billion in junk-debt financing for an artificial intelligence project tied to Nvidia Corp., testing investor appetite after a recent surge in offerings.
bloomberg.com

Nvidia-Tied Data Center Raises $4.59 Billion From Junk-Bond Sale

A Nevada data center project tied to Nvidia Corp. has raised $4.59 billion from a junk-bond sale, adding to a wave of deals to fund artificial intelligence infrastructure.
bloomberg.com

Banks Kick Off Sale of Junk Bonds Backing BASF Coatings Deal

Banks have kicked off the sale of roughly €1.95 billion-equivalent ($2.28 billion) of junk bonds to help finance BASF SE’s auto paint and finishing division acquisition by Carlyle Group Inc. and partner Qatar Investment Authority.
bloomberg.com

First Eagle Offers Junk Bonds to Fund Diamond Hill Acquisition

Genstar Capital-backed First Eagle Investments is looking to raise $575 million from a junk-bond sale to help fund its acquisition of boutique asset-management firm Diamond Hill Investment Group Inc.
bloomberg.com

CoreWeave-Tied Data Center’s Junk Bond Sale Seeks $850 Million

A data center tied to CoreWeave Inc. is set to get funding from a $850 million junk-bond sale by Elk Grove Village Property LLC, which joins a wave of high-yield issuers tapping debt markets to fund artificial intelligence infrastructure.
bloomberg.com

CoreWeave-Tied Data Center Raises $900 Million in Junk-Bond Sale

A data center tied to CoreWeave Inc. raised $900 million from a high-yield note offering, joining a wave of junk issuers tapping debt markets to fund artificial intelligence infrastructure.
bloomberg.com

Goldman Sounds Out Investors for CoreWeave-Tied Data Center Bond

Goldman Sachs Group Inc. is sounding out investor interest on a junk bond to fund construction of a data center leased to CoreWeave Inc., adding to a wave of borrowing tied to the neocloud firm as it seeks to capitalize on the artificial intelligence boom.