Proposed up to $4.6B Louisiana revenue bonds for Delta Forge 1
Company: Applied Digital
The claim, verbatim
The England Economic and Industrial Development District's Nov. 9 meeting packet includes a proposed agreement for up to $4.6 billion of revenue bonds to fund Applied Digital's Delta Forge 1 campus, to be repaid from its Meta lease. The bonds have not been sold and have no rate, maturity or final approval yet.
Source (primary)
Meta’s Lease Could Back Up to $4.6 Billion in Louisiana Bonds for Applied Digital’s AI Campus - TIKR.com (-, news_article)
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Quote: “A Louisiana public authority's Nov. 9 meeting packet includes a proposed agreement for up to $4.6 billion of revenue bonds to fund Applied Digital's Delta Forge 1 campus, to be repaid from its Meta lease.”
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Additional evidence
confirms Meta’s Lease Could Back Up to $4.6 Billion in Louisiana Bonds for Applied Digital’s AI Campus - TIKR.com
Quote: “A Louisiana public authority's Nov. 9 meeting packet includes a proposed agreement for up to $4.6 billion of revenue bonds to fund Applied Digital's Delta Forge 1 campus, to be repaid from its Meta lease.”