Pimco to Weigh $14B Debt Deal for Oracle Data Center

Pacific Investment Management (Pimco) is in advanced discussions to finance a $14 billion debt deal for Oracle’s new data center project, partnering with Bank of America as the lead arranger. The funding would support construction of a massive Oracle data center in Michigan, marking one of the largest debt financings for a single tech infrastructure project in recent years. Talks are ongoing as of April 2026, with insiders suggesting the deal could finalize soon, though terms remain undisclosed and subject to negotiation. The project underscores Oracle’s aggressive expansion in cloud and AI infrastructure, aligning with broader industry trends toward hyperscale data centers to meet surging computational demands. If approved, the financing would highlight Wall Street’s growing appetite for high-stakes tech investments, particularly in quantum-ready and AI-driven data infrastructure.