- JPMorgan Chase & Co. is pitching a yield of about 11% on a $5 billion leveraged loan sale for Volta Infrastructure Holdings Ltd.
- The yield is one of the highest borrowing costs in the market for risky debt that has become popular for financing the AI boom.
- The loan sale is on behalf of Volta Infrastructure Holdings Ltd. and is tied to financing the AI boom.
Quotes
“JPMorgan Chase & Co. is pitching a yield of about 11% on a $5 billion leveraged-loan sale on behalf of Volta Infrastructure Holdings Ltd.”
“one of the highest borrowing costs seen in the market for risky debt that’s become popular for financing the AI boom.”