BlackRock seeks to raise $12B from bond sale to finance data center - report (BLK:NYSE)

BlackRock raises $12bn for Meta's El Paso data centre

On Monday, JPMorgan and Morgan Stanley began pitching investors on a bond sale of at least $12 billion, as The Wall Street Journal reported. The money will build a Meta data centre in El Paso, Texas. The structure is the story. Who owns what BlackRock and its infrastructure and private-credit arms own 80% of the […] This story continues at The Next Web

BlackRock’s M&A spree comes into clear view

BlackRock’s $25 billion M&A spree is starting to click. The company is raising $12 billion of debt for a Texas data center to be occupied by Meta — its first deal that puts infrastructure investor GIP and private-credit firm HPS to work in a major way since BlackRock bought them in 2024 and 2025.When Fink struck those deals — at prices rich enough to raise eyebrows across Wall Street — the question was whether they would remain profitable fiefdo…

BlackRock’s Meta Deal to Show the Power of $25 Billion M&A Spree

For Larry Fink, BlackRock Inc.’s more than $12 billion debt sale for a Meta Platforms Inc. data center is the result of years spent transforming a public investments giant into a heavy hitter in private markets too.