Technology9/4/2025•Bloomberg
Banks Ready $38 Billion of Debt for Oracle-Tied Data Centers
JPMorgan Chase & Co. and Mitsubishi UFJ Financial Group Inc. are leading a $38 billion debt package to finance data centers associated with Oracle Corp. in Wisconsin and Texas. The data centers are part of Oracle's plans to expand its cloud computing infrastructure. The debt package is intended to support the construction and operation of these facilities. The financing involves a consortium of banks and is one of the largest debt deals for data center projects in recent years. The investment underscores the growing demand for data center capacity to support the increasing reliance on cloud-based services and digital infrastructure.
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