Data centers related to SoftBank attract junk bond investors by increasing yields

Data shows that this will mark the highest borrowing cost among data center-related junk bond transactions so far this year. The debt deal includes certain incentive terms, such as a lease rent guarantee date, to ensure cash flow generation beginning in December 2026. The proceeds from the issuance of the five-year bonds will be used to repay a bridge loan and provide funding for the partial construction of a 50MW data center in Austin, Texas, USA. (Bloomberg)