$2.15B senior secured notes offering
Company: Applied Digital - Project: Polaris Forge 2
The claim, verbatim
Applied Digital's subsidiary APLD Compute 2 priced a $2.15 billion offering of 6.750% senior secured notes due 2031 at an issue price of 98%, expected to close on or around March 10, 2026
Source (primary)
applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-13)Live source ↗
Quote: “APLD ComputeCo 2 LLC ("APLD Compute 2"), has priced a $2.15 billion offering (the "Offering") of 6.750% senior secured notes due 2031 (the "Notes") at an issue price of 98%... The Offering is expected to close on or around March 10, 2026”
How we checked this
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Additional evidence
confirms applied-digital 8-K exhibit (ex99-1.htm)
Quote: “APLD ComputeCo 2 LLC ("APLD Compute 2"), has priced a $2.15 billion offering (the "Offering") of 6.750% senior secured notes due 2031 (the "Notes") at an issue price of 98%... The Offering is expected to close on or around March 10, 2026”