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The Nexus
BUSINESSJul 27 · 20:56 UTCBLOOMBERGDavide Barbuscia and Michael Gambale

BlackRock Dodges AI Bond Flop as $12.3 Billion Debt Deal Rallies

BlackRock is selling bonds tied to a Meta data center project in Texas, which rallied in early trading before pricing, indicating stronger-than-expected demand. The $12.3 billion debt deal suggests robust market interest in the securities.

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BlackRock Dodges AI Bond Flop as $12.3 Billion Debt Deal Rallies · The Nexus