7 April 2026
Linklaters advises seven leading global banks on the first limited recourse financing for GPU infrastructure dedicated to AI
Advising firms
Deal team
11 lawyers named| Lawyer | Firm | Seniority | Practice | Office |
|---|---|---|---|---|
| Samuel Bordeleau Lead | Linklaters | Partner | Energy & Infrastructure | Paris |
| Mylinh Pham | Linklaters | Senior associate | Not stated | Not stated |
| Farah Guedouar | Linklaters | Associate | Not stated | Not stated |
| Sinthia Monirul | Linklaters | Associate | Not stated | Not stated |
| Henry Joscelyne | Linklaters | Associate | Not stated | Not stated |
| Marija Goranovic | Linklaters | Other | Not stated | Not stated |
| Rhian Roberts | Linklaters | Counsel | OTC derivative | Not stated |
| Harriet Herbert | Linklaters | Associate | OTC derivative | Not stated |
| Georgina Fulford | Linklaters | Other | OTC derivative | Not stated |
| Leïla Megdoud | Linklaters | Counsel | Tax | Not stated |
| Hugo Moreira | Linklaters | Associate | Tax | Not stated |
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Stated terms
- Stated value
- USD 830m (US$830 million)
- What the figure measures
- Facility amount
- Client
- a group of seven commercial banksLenders
- Counterparties
- Mistral AI (Borrower)
Bpifrance (Lenders)
BNP Paribas (Lenders)
Crédit Agricole CIB (Lenders)
HSBC (Lenders)
La Banque Postale (Lenders)
MUFG (Lenders)
Natixis (Lenders)