Pure DC's retreat tests nerve of Europe's data centre bond market

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News & Analysis

LevFin

Investment Grade

Distressed

What’s in a data center residual value guarantee? Answer looks murky in bankruptcy

Some of the biggest data center financings hitting the corporate bond market are underpinned by three magic words — residual value guarantee. For bondholders, no words can be sweeter. The RVG mechanism is one of the most valuable ways a hyperscaler tenant can provide credit support to a data center or other AI-related financings without incurring that debt on their own balance sheet.

21 Aug 2026

| US

News & Analysis

LevFin

Investment Grade

Distressed

AI Infrastructure — To spend or not to spend, that is the question

To spend or not to spend? For anyone using AI infrastructure, from Google and Anthropic to a wave of other AI companies, that is the existential question right now.

20 Aug 2026

| US

News & Analysis

Investment Grade

LevFin

Off-balance sheet, on the mind — How hyperscaler leverage soars when adding in lease commitments

Off-balance sheet lease commitments have quickly become a major factor in the artificial intelligence build-out, and in some respects is even dwarfing the on-balance sheet debt raised by hyperscalers.

14 Aug 2026

| US

News & Analysis

Investment Grade

LevFin

Socar launches $1.6bn Turkish facility with scope to upsize

The Turkish business of State Oil Company of the Azerbaijan Republic (Socar) has launched a refinancing of a corporate credit facility, according to 9fin sources.

10 Aug 2026

| CEEMEA

| APAC

News & Analysis

ABF

Investment Grade

LevFin

Saudi Real Estate Refinance Co lines up new sukuk and RMBS deals

One of the most in-demand borrowers in the GCC is contemplating a return to both sukuk and asset-backed finance markets in the coming months, according to 9fin sources.

7 Aug 2026

| CEEMEA

News & Analysis

Investment Grade

LevFin

Always and forever chemicals? — Mapping PFAS exposure amid slow transition planning

On 24 June, Chemours (B1/BB-) agreed to a $450m settlement over releases of polyfluoroalkyl substances (PFAS), commonly known as 'forever chemicals', in West Virginia, North Carolina and New Jersey. The settlement is the latest in a series of cases involving major PFAS producers, including 3M (A3/BBB+), DuPont (Baa1/BBB+) and Arkema (Baa1/BBB+), all of which continue to face extensive litigation related to historical PFAS contamination.

4 Aug 2026

| Europe

| US

| APAC