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$2.15 billion senior secured notes offering

Company: Applied Digital

Subject kind
financing
Statement date
2026-03-01
Promised amount
2150000000.0 USD
Current status
stated

The claim, verbatim

APLD Compute 2 intends to offer $2.15 billion aggregate principal amount of senior secured notes due 2031 in a private offering

Source (primary)

applied-digital 8-K exhibit (ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-13)Live source ↗

Quote: “intends to offer, subject to market conditions and other factors, $2.15 billion aggregate principal amount of senior secured notes due 2031 (the "Notes"), in a private offering”

How we checked this

Checked on September 20, 2026. The cited source supports every part of this claim.

The document states APLD Compute 2 intends to offer $2.15 billion of senior secured notes due 2031 in a private offering to qualified institutional buyers.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000149315226008549/ex99-2.htm) in full (8,111 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms applied-digital 8-K exhibit (ex99-2.htm)

Quote: “intends to offer, subject to market conditions and other factors, $2.15 billion aggregate principal amount of senior secured notes due 2031 (the "Notes"), in a private offering”

View cached copy (2026-09-13)Live source ↗