High-Yield Deal Funds CoreWeave-Leased Chicago Data Center
A special-purpose entity tied to a Prime Data Centers subsidiary sold $900 million of high-yield notes to finance a build-to-suit hyperscale data center in the Chicago metropolitan area that is fully leased to CoreWeave for 15 years. The five-year issue was priced at par to yield 7.5% and was upsized by $50 million from initial plans, with Banco Sa…