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Google-Backed $5.7 Billion High-Yield "Junk Bonds" to Fuel Two New Data Centers in Sullivan County

Google-Backed $5.7 Billion High-Yield "Junk Bonds" to Fuel Two New Data Centers in Sullivan County
Photo by Taylor Vick / Unsplash

A record-setting $5.7 billion high-yield bond sale is paving the way for two new data centers in Sullivan County, Indiana. The deal, led by Morgan Stanley, marks the largest dollar-denominated "junk bond" issuance for data center debt in history.

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