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Bond Traders Bite at Microsoft-Tied Data Center Junk-Like Yields

Bloomberg Markets •
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Blackstone Inc.-backed QTS Realty Trust Inc. offered junk-like yields on a $3.9 billion high-grade bond to fund the construction of a Microsoft Corp.-linked data center in Georgia. It looks to have worked as the deal racked up demand of about six times that amount.

Source: Bloomberg Markets · Summarized by HeadlinesBriefing