Olivia FishlowAug 29, 2026 – 7.54amBlue Owl Capital funds led a $US2.4 billion ($3.4 billion) debt deal for cloud computing provider Iren, which will use the proceeds to buy Nvidia’s Blackwell Ultra GPUs for a data centre campus in Canada.The deal consists of a $US1.2 billion senior-secured term loan and the same amount of senior secured notes, and is structured to allow the Sydney-based Iren to purchase equipment in stages over a defined period.BloombergSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles