Nebius Sets $5B Convertible
Nebius Group stated its five billion dollar convertible bond reflects robust demand for artificial intelligence services and data center capacity. The Amsterdam based firm raised the offering size from four point five billion to fund its infrastructure expansion.
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NEBIUS GROUP NV raised $5 billion through a convertible bond offering on Thursday, marking one of the largest corporate issues on record. The Amsterdam-based firm expanded the deal from an initial $4.5 billion following robust demand. The capital injection underscores surging investor appetite for artificial intelligence infrastructure despite recent market jitters over sector financing needs.
