AI Junk-Debt Offering Wave Rolls On as Edged Compute Sells Bonds
The Edged Compute facility in Kansas City.
Photographer: Michael Robinson/PR NewswireData center developers are returning to the junk-debt market to fund artificial intelligence infrastructure, adding to wave of new issuance.
Edged Compute LLC is seeking to raise $1.3 billion through a high-yield bond sale to help build facilities in Chicago and Atlanta, according to a person with direct knowledge of the matter.