364-day credit facility expanded to $1 billion
Company: Core Scientific
The claim, verbatim
Core Scientific has secured a total of $1.0 billion in funded commitments under a 364-day credit facility, consisting of $500 million from Morgan Stanley and $500 million from JPMorgan Chase Bank
Source (primary)
core-scientific 8-K exhibit (exhibit991-amendno1credi.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-12)Live source ↗
Quote: “closed an additional $500 million commitment provided by JPMorgan Chase Bank, N.A. under the accordion feature of the Company's previously announced 364-day credit facility (the "Facility"). This brings total funded commitments under the Facility to $1.0 billion, including the previously announced $500 million commitment from Morgan Stanley.”
How we checked this
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Additional evidence
confirms core-scientific 8-K exhibit (exhibit991-amendno1credi.htm)
Quote: “closed an additional $500 million commitment provided by JPMorgan Chase Bank, N.A. under the accordion feature of the Company's previously announced 364-day credit facility (the "Facility"). This brings total funded commitments under the Facility to $1.0 billion, including the previously announced $500 million commitment from Morgan Stanley.”