$600 million senior secured credit facilities
Company: Core Scientific
The claim, verbatim
Core Scientific entered into $600 million in committed senior secured credit facilities, including a $100 million revolver and a $500 million letter of credit facility, expected to free about $300 million of restricted cash
Source (primary)
How Investors Are Reacting To Core Scientific (CORZ) $600 Million Credit Deal - simplywall.st (-, news_article)
View cached copy (2026-09-12)Live source ↗
Quote: “Core Scientific entered into US$600 million in committed senior secured credit facilities, including a US$100 million revolver and a US$500 million letter of credit facility, expected to free about US$300 million of restricted cash for working capital and corporate use.”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document states verbatim all elements: the US$600 million facilities, the US$100 million revolver, the US$500 million letter of credit facility, and the expected freeing of about US$300 million of restricted cash.
Confirmed in the source:
- Core Scientific entered into US$600 million in committed senior secured credit facilities
- The facilities include a US$100 million revolver
- The facilities include a US$500 million letter of credit facility
- The facilities are expected to free about US$300 million of restricted cash
What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-corz/core-scientific/news/how-investors-are-reacting-to-core-scientific-corz-600-milli) in full (13,493 characters, retrieved September 12, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms How Investors Are Reacting To Core Scientific (CORZ) $600 Million Credit Deal - simplywall.st
Quote: “Core Scientific entered into US$600 million in committed senior secured credit facilities, including a US$100 million revolver and a US$500 million letter of credit facility, expected to free about US$300 million of restricted cash for working capital and corporate use.”