Jane Street is negotiating with investors including Pimco on a private credit deal that would move roughly $11 billion of its debt from public markets into a private vehicle, according to the Financial Times. The transfer is intended to reduce quarterly disclosure requirements tied to a large group of creditors while giving the firm more flexibility to invest in AI infrastructure such as data centers.
Jane Street is in talks with investors including Pimco to move roughly $11 billion of debt out of public markets and into a private vehicle through a private credit deal, the Financial Times reported.
The move is aimed at trimming the quarterly financial disclosures the firm owes to a large base of creditors, while leaving more room to invest in AI infrastructure such as data centers and related technologies.
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