🇺🇸CleanSpark seeks $2.23 billion in five-year high-yield notes for Meta-linked AI infrastructure; initial yield discussions center around 8.5%.

CleanSpark is seeking approximately $2.23 billion through its first high-yield bond offering, according to reporting relayed by Financial_Express. The stated purpose is construction of AI infrastructure associated with Meta Platforms; the report does not establish that Meta itself is issuing or guaranteeing the debt.

The proposed notes have a five-year maturity, with initial yield discussions around 8.5%. The report places that indication approximately 2 percentage points above the average yield on BB-rated corporate issuance tracked by Bloomberg, attributing the difference to investors demanding a higher risk premium for data-center financing.

Investor orders reportedly matched the proposed offering size when the transaction launched on Thursday. Bloomberg-compiled data cited in the message characterize it as the first high-yield issuance associated with Meta data centers, but neither order demand nor initial pricing discussions establish a completed financing.

No CleanSpark filing or offering document is supplied for this transaction. Collateral, guarantees, covenants, final pricing, project capacity, hardware, deployment timing, and the precise contractual relationship with Meta therefore remain unspecified in the available material.