ING offers $500 million data center loans for sale

AI-generated NewsSnap summary based on source reporting.
Published: 2026-11-06
Category: business
Source: Bloomberg News

ING has put approximately $500 million worth of data-center loans up for sale through an auction-style bids-wanted-in-competition process. The portfolio includes a $25 million portion tied to the OpenAI-SoftBank-Oracle Stargate project in New Mexico, with bids due by November 19.

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