Anonymous Holder Seeks to Auction About $500 Million in Data-Center Loans After AI Stock Slump

Bloomberg reported that an unnamed seller is auctioning roughly $500 million of data-center loans in a single batch, including debt tied to Vantage Data Centers, CyrusOne, and a $25 million slice for OpenAI, Oracle, and SoftBank's Stargate Project Jupiter in New Mexico. Bids close November 19 with a $10 million minimum, while Oracle said the project remains on schedule despite a force majeure notice. Related bonds, including CoreWeave, fell sharply amid the AI stock selloff.