Report
JPMorgan and Goldman reportedly underwrite just $1.3B of Volta's $5B loan sale
Techmeme relays Bloomberg's report that the loan sale for the AI startup has a yield of about 11%.
TLDR
Techmeme relays Bloomberg's reporting, citing sources, that JPMorgan and Goldman are leading a $5 billion loan sale for AI startup Volta with a yield of about 11%. The banks reportedly underwrote just $1.3 billion, a rare move to limit their exposure.
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