The furious push by AI hyperscalers to build out data centers will need about $1.5 trillion of investment-grade bonds over the next five years and extensive funding from every other corner of the market, according to an analysis by JPMorgan. From a report: “The question is not ‘which market will finance the AI-boom?’ Rather, the question is ‘how will financings be structured to access every capital market?'” according to strategists led by Tarek Hamid.
Leveraged finance is…

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