$CLSK Prices $2.28 Billion Secured Debt for $META-Backed Facility Amid Rising Financing Costs

AI data-center financing is growing more expensive as lenders demand larger concessions, even for hyperscaler-backed projects.
$CLSK priced $2.28 billion of secured debt for its $META-backed Sandersville facility at a 7.875% coupon and 98.5% of par.