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JPMorgan Dangles 11% Yield on Volta’s $5 Billion AI Loan Sale

Bloomberg Markets •
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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.

Source: Bloomberg Markets · Summarized by HeadlinesBriefing