$917.0M — $917M leveraged loan, led by Morgan Stanley, reported nearly $2B oversubscribed; proceeds to purchase Nvidia GPUs, on the same circular-financing pattern (Nvidia as investor/supplier/customer/ counterparty at once) the BIS flagged in June 2026
$917.0M — $917M leveraged loan, led by Morgan Stanley, reported nearly $2B oversubscribed; proceeds to purchase Nvidia GPUs, on the same circular-financing pattern (Nvidia as investor/supplier/customer/ counterparty at once) the BIS flagged in June 2026
Sourced figures 1
- TheNextWeb (deal reporting, Morgan Stanley as lead) $917 million leveraged loan, led by Morgan Stanley, nearly $2 billion oversubscribed
the working
Basis
$917.0M — $917M leveraged loan, led by Morgan Stanley, reported nearly $2B oversubscribed; proceeds to purchase Nvidia GPUs, on the same circular-financing pattern (Nvidia as investor/supplier/customer/ counterparty at once) the BIS flagged in June 2026
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