(Feb 13): Nvidia Corp is expected to lease a data centre being built with funds from a US$3.8 billion (RM14.8 billion) junk-bond sale, adding to the borrowing frenzy around artificial intelligence (AI) infrastructure. The size of the bond deal was increased by US$150 million on Thursday afternoon, a sign of positive demand. Data centre developers have been tapping the high-yield bond market in recent months to finance the construction of new facilities. Fleet I was expected to contribute about US$620 million of equity to the project to help fund the construction, according to the documents. But the proceeds of the additional debt for the bond deal will be used to reduce the equity contribution, Bloomberg reported.

Source: The Edge Markets February 13, 2026 03:53 UTC