Data Center Linked to Google Issues Record $5.7 Billion High-Yield Bond

On April 16, a data center associated with Alphabet Inc.'s Google is seeking to raise $5.7 billion through the issuance of high-yield bonds (junk bonds), which would become the largest transaction of its kind, aimed at financing the surge in artificial intelligence development. According to sources, Morgan Stanley launched the market promotion for the bond on Wednesday, with pricing expected to be completed as early as this week.