AI Fund Flows

Banche e mercato → Iren: $3.6B funds & debt

IREN: $3.65 billion for Microsoft contract. IREN closes $3.65 billion of investment-grade, GPU-backed financing (Goldman Sachs, JPMorgan) to serve the $9.7 billion contract with Microsoft.

This deal is 1% of everything Banche e mercato pays and 24% of everything Iren receives in this database.

Date
Jun 1, 2026
Paid by
Banche e mercato
Received by
Iren
Type
Funds & debt
Amount
$3.6B
Status
closed
Note
private placement + DDTL, 6% cost

Sources

Press coverage

All deals between Banche e mercato and Iren

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