Nvidia Partner Hon Hai Gets $1.1 Billion Bank Loan Amid AI Boom Bloomberg Article Source https://www.bloomberg.com/news/articles/2024-11-20/nvidia-partner-hon-hai-gets-1-1-billion-bank-loan-amid-ai-boom
(Bloomberg) — Taiwan’s Hon Hai Precision Industry Co. has raised $1.1 billion via a three-year loan, according to people familiar with the matter, as the iPhone maker continues to ride on a boom in AI server demand. Most Read from… Article Source https://finance.yahoo.com/news/nvidia-partner-hon-hai-gets-041942814.html
At Nvidia’s AI Summit in Tokyo this week, Jensen Huang, chief executive of Nvidia, and Masayoshi Son, the head of SoftBank, expressed regrets that the former did not privatize Nvidia a decade ago when the latter offered him money to do so. As… Article Source https://www.tomshardware.com/tech-industry/softbank-once-offered-jensen-huang-a-loan-to-buy-nvidia-entirely-nvidia-ceo-regrets-not-taking-the-loan
(Bloomberg) — Citrix Systems Inc.’s parent is seeking its second leveraged-loan repricing of 2024, part of a record year of such activity as the market has topped $1 trillion of deals for the first time. Cloud Software Group Inc. is looking to… Article Source https://www.bnnbloomberg.ca/investing/2024/10/28/citrix-parent-aims-to-revise-second-loan-in-markets-record-year/
Citrix Parent Aims to Revise Second Loan in Market’s Record Year Bloomberg Article Source https://www.bloomberg.com/news/articles/2024-10-28/citrix-parent-aims-to-revise-second-loan-in-market-s-record-year
Azure Power is planning to refinance $150 to $180 million (Rs 1,250 crore to Rs 1,500 crore) worth of loans by the end of this financial year to reduce costs and replace maturing loans. “Until March 2025, we are primarily focusing on… Article Source https://www.financialexpress.com/business/industry-azure-power-looks-150-million-180-million-loan-refinancing-3647014/
Citrix Systems Inc’s parent company, Cloud Software Group Inc, is expected to see significant savings in annual interest costs due to its upcoming $4.1 billion restructuring of a leveraged loan. This move is anticipated to result in millions of dollars in savings for the company. The overhaul of the loan is a strategic decision made … Read more