Goldman Sachs Backs $3.6B AI Loan and Tops Carillon Fund Picks
Goldman Sachs leads a $3.6 billion delayed-draw term loan financing IREN’s GPU expansion at sub-6% rates, avoiding equity dilution while funding infrastructure growth. Carillon Eagle Growth & Income Fund, with $493 million in assets, named Goldman Sachs a top fourth-quarter contributor for its robust M&A advisory and trading performance.
1. $3.6B Credit Facility for GPU Expansion
Goldman Sachs and other leading banks underwrote a $3.6 billion delayed-draw term loan to finance IREN’s expansion of graphics processing units. The facility carries an interest rate below 6% and allows drawdowns only as needed, protecting borrower cash flow and avoiding share dilution.
2. Carillon Fund Endorsement
Carillon Eagle Growth & Income Fund, managing $493 million, highlighted Goldman Sachs as a top fourth-quarter contributor in its Q4 2025 letter. The endorsement reflects Goldman’s strong advisory and trading results, driven by heightened M&A, IPO and debt issuance activity.
3. Implications for Goldman Sachs Stock
These developments underscore Goldman Sachs’ leadership in large-scale financing and capital markets advisory. Robust dealflow and endorsement by a prominent fund should bolster investment-banking revenue outlook and reinforce positive market sentiment toward the stock.