Market News / Story
Inside Wall Street's $27B financing of Meta's Hyperion AI data center
Seeking Alpha ·
Seeking Alpha reports: One of the world's largest private project-finance bonds, issued to fund Meta Platforms’ mega-scale AI data center in Louisiana, has plunged to a new record low near 91 cents on the dollar amid macroeconomic pressures on long-dated debt and a large influx of newer data center supply hitting the fixed-income market. Brought to market in late 2025 by Morgan Stanley as a landmark $27.3B transaction, the senior secured notes issued by special purpose entity Beignet…