Applied Digital Adds to AI Junk-Bond Surge With Offering

Applied Digital Adds to AI Junk-Bond Surge With Offering - Bloomberg

Intelligence Desk
Reported via WORLDNEWS | 2026-03-02

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Learn more.✕ The AI Race:AI Coding AgentsRAMmageddonAI and Job SearchAbu Dhabi’s Giant AI BetChina’s AI BillionairesAI Startups to WatchTechnologyContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowBy Gerson Freitas Jr and Gowri GurumurthyMarch 2, 2026 at 11:53 PM GMT+1Applied Digital Corp.

is seeking to raise $2.15 billion in a junk bond sale, the latest in a wave of debt financing tied to the buildout of artificial intelligence infrastructure.Proceeds will help fund construction of a 200-megawatt data center in North Dakota, the company said in a statementBloomberg Terminal.

The five-year notes are expected to price later this week, according to....

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Applied Digital Adds to AI Junk-Bond Surge With Offering - Bloomberg

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