Market Chatter: Brookfield Selects KB Kookmin Bank as Lead Arranger for South Korea GPU Loan
MT newswire2026/11/02 09:37Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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05:37 AM EST, 11/02/2026 (MT Newswires) -- Brookfield (BN) has selected KB Kookmin Bank to be the lead arranger for a syndicated loan of about 10.7 trillion South Korean won ($7.97 billion) that will help fund the acquisition of AI chips for use by Naver, Bloomberg News reported Monday, citing the bank. The loan will help finance a 12.6-trillion-won project, the news outlet reported, adding that the AI chips will be leased to Naver Cloud. Brookfield and KB Kookmin didn't immediately respond to MT Newswires' requests for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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