Blue Owl (OWL) reportedly failed to secure financing for a USD 4bln data centre project in Pennsylvania, according to BusinessInsider; one lender said the lack of interest was due to CoreWeave's (CRWV) creditworthiness
Blue Owl's inability to secure financing for a substantial data center project indicates potential challenges in accessing capital within the current market climate.
EU's Kallas says we will aim to adopt the 20th sanctions package against Russia on Monday 23rd
Diplomats says US President Trump's deadline for Iran may be shorter than 10-15 days, Al Hadath reports citing CBS
Blue Owl (OWL) reportedly failed to secure financing for a USD 4bln data centre project in Pennsylvania, according to BusinessInsider; one lender said the lack of interest was due to CoreWeave's (CRWV) creditworthiness
LyondellBasell (LYB) declared a quarterly dividend of USD 0.69/shr (prev. USD 1.37/shr); "markets expected to remain challenged"
RBI Minutes: Chief Malhotra said that given the present state of the economy and its outlook, the current policy rate is appropriate
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The mention of CoreWeave's creditworthiness as a deterrent for lenders suggests that investor confidence in certain players is waning, which could impact related sectors and projects. This could also set a precedent for increased scrutiny of similar ventures in the tech and infrastructure space.
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