# Pimco Sells $3 Billion in Meta Bonds as AI Debt Market Retreats By John Kim Canonical URL: https://www.tokenpost.com/news/business/42909 Published: 2026-10-28T20:16:53.000Z Updated: 2026-10-28T20:16:53.000Z Section: Business > Pimco passed on several AI-related debt deals but subscribed to about $4 billion in SpaceX debt for the company's AI expansion. Pimco sold a $3 billion block of Meta-related bonds at a premium six to eight months after buying them, while stepping back from other AI debt deals as the market weakened. Pimco participated in roughly $18 billion of debt financing for a Louisiana data center project linked to Meta. Pimco participated in roughly $10 billion of debt financing for Oracle's Michigan data center project. The Louisiana project is one of [Meta's data center ventures previously covered by TokenPost](). As the AI bond market pulled back, Pimco passed on large debt transactions associated with Broadcom and Anthropic, an approximately $11 billion SoftBank junk bond offering and some Oracle data center loans. It also used interest-rate hedges to limit losses and remain profitable. Pimco subscribed to about $4 billion in debt in a large SpaceX financing for the company's AI business expansion. ## Links in this article - [Meta's data center ventures previously covered by TokenPost](https://www.tokenpost.com/news/business/40326)