Caroline Hyde
speaker
8,902 appearances
181 recordings
4 series
first heard Aug 2025
last heard 12 Jun
Caroline Hyde’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 179 in all, peaking in Jan 2026 with 39.
Appearances
Michael Intrade joins us.
You've just had $21 billion deal announced with Meta yesterday.
You have Anthropic today, Michael.
What does this mean for your investors in terms of the clarity of revenue growth coming forward?
Yeah, first of all, good afternoon.
Thank you for having me.
But it has been a unique couple of weeks for us here because not only have we really made tremendous progress with the likes of Meta and Anthropic, but we've also had tremendous overwhelming success in the capital markets.
as we continue to build the funding mechanisms to be able to ensure that we are able to execute on our roadmap for growth.
Let's talk about those funding mechanisms because you're looking at unique ways to be able to get access to credit lines by using, basically,
the power of your customer, the fact that Meta is the one that's coming to you for the compute and the strength there.
You're also tapping, though, well, convertible notes was what was issued yesterday, as well as bonds.
We're seeking billions of that.
How much more debt are you going to have to take on to fuel the growth?
So, you know, we're we've been very creative about how we kind of look at the capital markets, making sure that we can execute on our plan for the in the most cost effective way.
And so, you know, we issued eight and a half billion dollars worth of bonds at a minus rate.
of A minus paper because of the quality of our counterparties.
And that was a tremendous reduction in our weighted average cost of capital.
And then we came back yesterday, we did the largest dual offering ever.
And that was both the convertible note that we issued as well as a tranche of high yield, you know, really positioning us well for the capital requirements.
And it's just the oversubscription to these tools that we're bringing into market, to the paper that we're bringing to market, really provides tremendous transparency to us, to our investors, to our clients,
Showing 1701–1720 of 8,902 · page 86 of 446
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