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Meta Reaches Agreement with Morgan Stanley and JPMorgan for Data Center Financing
On May 5, Meta Platforms (META.O) is developing a financing plan for a data center located in El Paso, Texas, which could total approximately $13 billion. According to informed sources, Morgan Stanley and JPMorgan are leading the process. These sources indicate that most of the financing is expected to be in the form of debt, with the remainder being equity financing. The discussions are still in the early stages, and specific terms are continuously being adjusted.