Interest rate on credit facility
Company: Core Scientific
The claim, verbatim
Borrowings under the credit facility bear interest at SOFR plus 2.50 percent
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: “Borrowings under the Facility bear interest at a rate of the Secured Overnight Financing Rate ("SOFR") plus 250 basis points (2.50%).”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document states borrowings bear interest at SOFR plus 250 basis points (2.50%).
Confirmed in the source:
- Borrowings under the facility bear interest at SOFR plus 2.50 percent
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000162828026020327/exhibit991-amendno1credi.htm) in full (6,279 characters, retrieved September 12, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms core-scientific 8-K exhibit (exhibit991-amendno1credi.htm)
Quote: “Borrowings under the Facility bear interest at a rate of the Secured Overnight Financing Rate ("SOFR") plus 250 basis points (2.50%).”