Michelle Cheng

(Bloomberg) -- CoreWeave Inc. racked up $19 billion of investor orders for a $3.1 billion loan backed by customer contracts for microchips, according to people familiar with the matter, the first of its kind to be broadly syndicated in the US leveraged loan market.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksDOJ Plans Intervention in Tr

Borrowing tied to the AI data-center boom is quickly climbing Wall Street’s list of potential credit threats, as investors increasingly worry that the breakneck pace of financing could sow the seeds of the next market shock.

It only took one investor who wanted out to spur a Vista Equity Partners private credit fund to enforce its 5% limit on withdrawals last month.

It only took one investor who wanted out to spur a Vista Equity Partners private credit fund to enforce its 5% limit on withdrawals last month.

It in many ways embodies investors’ worst fears of how a SaaSpocalypse might play out.

More than a quarter of the country’s private colleges are at risk of closure or facing serious financial pressure

(Bloomberg) -- A data center tied to CoreWeave Inc. is set to get funding from a $850 million junk-bond sale by Elk Grove Village Property LLC, which

Shutterfly has sweetened terms on a portion of a critical debt refinancing, in a bid to assuage investors spooked by potential AI disruption and widening losses.

(Bloomberg) -- When Michaels Cos. tapped a new CEO in early 2025, the company's chairman, 25-year Apollo Global Management Inc. veteran Andrew Jhawar heralded the moment as "an exciting period of opportunity" for the retailer.

TeraWulf Inc. is preparing to raise about $3.5 billion in debt to build a data center campus in Kentucky, including its first-ever foray into the leveraged loan market.