By Khac Phu Nguyen
Publication Date: 2026-04-08 16:15:00
This article first appeared on GuruFocus.
oracle (NYSE:ORCL) Is See Renewed momentum in financing its data center as Pacific Investment Management Co. is now in initial discussions with Bank of America (NYSE:BAC) to help arrange about $14 billion in debt for a large Michigan campus tied to OpenAI workloads. While the talks are still preliminary, they could position Pimco as a key financing partner, with the structure potentially taking the form of a bond that could later be syndicated to institutional investors. The Saline Township project, led by Related Digital and coordinated by Bank of America, has already attracted sustained attention on Wall Street as investors weigh both the scale and long-term demand profile of the AI infrastructure.
The financing package could be implemented through a 144A private placement, allowing the debt to be distributed among qualified institutional buyers, a structure often used for transactions of this size and complexity….