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Business4 sources

ING seeks buyers for $500 million in data center loans

  • ING is reportedly seeking bids for about $500 million across 12 data center loans.
  • The loans include debt tied to a New Mexico Stargate site.
  • The sale is reportedly due to market concerns following the US midterm elections.
  • Bloomberg News and Reuters have reported on the sale.
  • The loans are being sold as part of a broader market rout in data center investments.

Timeline

  1. ING seeks to sell $500M data center loans

    ING is looking to sell roughly $500 million of data center loans due to market concerns.

  2. ING puts $500M data-center loans up for sale

    Bloomberg reports that ING has put $500 million of data-center loans up for sale.

  3. Latest

    AI debt concerns grow as ING seeks buyers

    ING is reportedly seeking bids for about $500 million across 12 data center loans, including debt tied to a New Mexico Stargate site.

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ING seeks buyers for $500 million in data center loans | Split Angle