"Clifford Chance Guides PIMCO Funds in $27.3 Billion Investment for Meta's Hyperion Data Center Development"

"Clifford Chance has advised PIMCO Funds as majority investors in a $27.3 billion private securities offering by Blue Owl Capital. The capital raised will be used to develop the Hyperion Data Center in Louisiana, a joint venture with Meta Platforms, Inc., where Blue Owl will hold an 80% interest and Meta 20%. The transaction is seen as a significant milestone in the data center financing market, showcasing Clifford Chance's multi-practice legal expertise."