2025-05-22, debt
From JPMorgan Chase to Abilene campus joint venture (Crusoe, Blue Owl, Primary Digital)
Disclosed: $7.1bn
Committed: $7.1bn
Basis: closed
Confidence: medium
Term: undisclosed
Newmark via PR Newswire, 2025-05-22
Newmark arranged a 7.1 billion US dollar construction loan for Blue Owl Capital, Crusoe and Primary Digital Infrastructure, provided by a consortium led by J.P. Morgan, to fund the second phase of the Abilene, Texas joint venture. The amount is the loan size; drawn balances were not disclosed.
No loops through this deal.