Brookfield has appointed KB Kookmin Bank as lead arranger on South Korea's largest syndicated loan to date: a 10.7 trillion-won (about $8.0bn) facility to finance NAVER's purchase of AI compute infrastructure, including GPUs. The loan is part of a broader 12.6 trillion-won financing package; the chips will be supplied to NAVER Cloud under long-term lease arrangements. The transaction, described as Korea's first large-scale GPU financing, underscores Asian banks and private credit funds expanding

Brookfield has appointed KB Kookmin Bank as lead arranger on South Korea's largest syndicated loan to date: a 10.7 trillion-won (about $8.0bn) facility to finance NAVER's purchase of AI compute infrastructure, including GPUs. The loan is part of a broader 12.6 trillion-won financing package; the chips will be supplied to NAVER Cloud under long-term lease arrangements. The transaction, described as Korea's first large-scale GPU financing, underscores Asian banks and private credit funds expanding AI financing beyond data centre builds to cover compute hardware.