Zankore secures $3.1 billion loan to buy Nvidia GPUs
Zankore signed a $3.1 billion loan to buy Nvidia GPUs for AI infrastructure. Citigroup, ING, Natixis, Qatar National Bank and United Overseas Bank underwrote the financing.
Zankore, an Indonesian AI infrastructure platform backed by Nvidia Corp. 1 billion loan to buy Nvidia GPUs, in what was described as one of Asia's largest AI infrastructure financings. Citigroup Inc. (C), ING, Natixis, Qatar National Bank and United Overseas Bank underwrote the loan, with Citigroup the sole bookrunner and ING acting as the top arranger.