BlackRock Eyes More Than $12 Billion Debt for Data Center BlackRock, the world's largest asset manager, is seeking to raise over $12 billion in debt financing for its ambitious data center project.
This massive funding requirement underscores the enormous scale of BlackRock's plans to build out its data center infrastructure, which will cater to growing demand for cloud computing services.
The significance of this debt cannot be overstated. It represents a substantial chunk of BlackRock's balance sheet, which already boasts a sizeable investment portfolio worth trillions of dollars.