# GPU Financing Filters Further Into ABS With Planned Newton Deal

> Newton Commercial Finance explores $180m AI chip-backed bond deal.
- Title: GPU Financing Filters Further Into ABS With Planned Newton…
- Summary: Newton Commercial Finance explores $180m AI chip-backed bond deal. Newton Commercial Finance, a joint venture between Apple Bank and Eagle Point Credit…
- Keywords: newton commercial finance, apple bank, eagle point credit management, gpu loans, asset-backed securities, ai chip loans, bonds, morningstar dbrs, mint
- Source: mint — https://livemint.com/market/gpu-financing-filters-further-into-abs-with-planned-newton-deal-11794523600580.html
- Published: 2026-11-12T22:46:40+00:00
- Read time: 1 min
- Topics: newton commercial finance, apple bank, eagle point credit management, gpu loans, asset-backed securities, ai chip loans, bonds, morningstar dbrs, money, business
## Newton Commercial Finance
Newton Commercial Finance, a joint venture between Apple Bank and Eagle Point Credit Management, is in early talks with investors about a potential $180 million bond offering partly backed by artificial intelligence chip loans.
## GPU Loans in Collateral
Loans tied to AI chips, including graphic processing units or GPUs, make up about 15% of the collateral pool.
## Other ABS Deals
Stonebriar sold an $869 million ABS offering with GPU loans accounting for roughly 15% of the collateral, while Wingspire’s transaction included about 20% GPU loans.
## Ratings and Collateral
Newton Commercial Finance’s asset-backed securities are expected to be rated by Morningstar DBRS with ratings ranging from AAA to BB tier.
## Key takeaway

Newton Commercial Finance, a joint venture between Apple Bank and Eagle Point Credit Management, plans a $180 million bond offering partially backed by AI chip loans.