Lambda Prices $926 Million Senior Secured Term Loan B Facility, the First Investment-Grade-Rated Term Loan B Financing by a Private Neocloud - SMH News | Rallies
Lambda priced a $926 million senior secured Term Loan B facility, described as the first investment-grade-rated Term Loan B financing by a private neocloud.
Lambda said it intends to use the proceeds to fund the acquisition and installation of GPU servers and related infrastructure used to deliver compute services.
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