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ING plans to sell $500m portfolio of data centre loans

NewsFeeds update

ING plans to sell a portfolio of data centre loans worth about $500m, including a $25m loan tied to a large New Mexico data centre in the Stargate AI infrastructure project backed by OpenAI, SoftBank and Oracle. The bank is seeking buyers for 12 loans through competitive bids.

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.