AI frenzy sweeps high-rated bonds! AppLovin (APP.US) reportedly issues blue-chip bonds to raise $3.5 billion
Generated by AI AgentMarket Intel
Wednesday, Nov 20, 2024 7:40 pm ET1min read
The frenzy for artificial intelligence has spread to the high-grade bond market, helping a company that was shunned by Silicon Valley money a decade ago to raise $3.5bn in a blue-chip loan, eight times the demand for the deal.
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