ING To Sell its $500m Data Center Loan Portfolio

MarketScreener · Alexandra Marill · 2026-11-06 14:31 UTC

The international bank plans to sell its $500m data center loan portfolio, Bloomberg reports. This decision comes after a massive stock market selloff triggered by the U.S. Midterm elections. The...

ING intends to sell its $500m portfolio of data center loans, following a massive selloff affecting the AI sector in the aftermath of Midterms elections.

The bank has not disclosed further details regarding this transaction, nor detailed the distribution of the assets involved, or the duration of the offloaded loans.

According to "sources familiar with the matter" cited by Bloomberg, the auction includes a $25m loan to a "massive data center" that is part of OpenAI, Softbank Group and Oracle's joint Stargate project in New Mexico.

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