Equipment financing facilities under lender enforcement
Company: IREN
The claim, verbatim
Lender pursuing remedies on limited recourse equipment financing; PwC appointed receiver for Non-Recourse SPVs; expected loss of Bitcoin miners securing loans
Source (primary)
IREN 424B3 filed 2023-06-20 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the lender to two wholly owned special purpose vehicle borrowers in relation to limited recourse equipment financing facilities (the "Non-Recourse SPVs") is pursuing remedies available to it with respect to such facilities, and has previously appointed PricewaterhouseCoopers as receiver ("PwC") with respect to the two Non-Recourse SPVs”
How we checked this
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Additional evidence
confirms IREN 424B3 filed 2023-06-20
Quote: “the lender to two wholly owned special purpose vehicle borrowers in relation to limited recourse equipment financing facilities (the "Non-Recourse SPVs") is pursuing remedies available to it with respect to such facilities, and has previously appointed PricewaterhouseCoopers as receiver ("PwC") with respect to the two Non-Recourse SPVs”