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#gpu financing
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29 Aug
Blue Owl leads $2.4 billion financing for IREN’s NVIDIA AI infrastructure
The financing consists of a $1.2 billion senior secured term loan and $1.2 billion of senior secured notes. The proceeds will fund air-cooled NVIDIA Accelerated Computing Infrastructure for IREN’s Mackenzie campus and support its reported global development pipeline of more than 5GW.
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