Barclays Turns to Insurers to Hedge Billions of Data Center Debt

Barclays Plc is purchasing default protection on more than $10 billion of debt issued to finance artificial intelligence infrastructure. The bank stated the hedge would create capacity for additional lending as demand from hyperscaler companies increases. Barclays did not name the insurers providing the protection or disclose the cost of the arrangement.

• Bloomberg — Barclays Turns to Insurers to Hedge Billions of Data Center Debt

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