Senior secured notes offering
Company: CleanSpark - Project: Sandersville
The claim, verbatim
Subsidiary CSDC Finance I LLC plans to privately offer $2.227 billion of senior secured notes due 2031, with proceeds to fund remaining Sandersville construction costs, reimburse prior equity contributions, and fund debt service reserves
Source (primary)
What's Going On With CleanSpark Shares On Thursday? - TradingView (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “The company's wholly owned subsidiary, CSDC Finance I LLC, plans to privately offer $2.227 billion of senior secured notes due 2031, subject to market conditions. Proceeds will fund the remaining construction costs of the Sandersville Facility, reimburse certain prior equity contributions and fund debt service reserves.”
How we checked this
Checked on September 25, 2026. The cited source supports every part of this claim.
The article states the subsidiary, the offering size, the 2031 maturity and all three uses of proceeds as claimed.
Confirmed in the source:
- CSDC Finance I LLC is a wholly owned CleanSpark subsidiary
- It plans to privately offer $2.227 billion of senior secured notes
- The notes are due 2031
- Proceeds will fund the remaining construction costs of the Sandersville Facility
- Proceeds will reimburse certain prior equity contributions
- Proceeds will fund debt service reserves
What we did: Read our cached copy of the publisher (https://www.tradingview.com/news/benzinga:f70920c38094b:0-what-s-going-on-with-cleanspark-shares-on-thursday/) in full (6,469 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms What's Going On With CleanSpark Shares On Thursday? - TradingView
Quote: “The company's wholly owned subsidiary, CSDC Finance I LLC, plans to privately offer $2.227 billion of senior secured notes due 2031, subject to market conditions. Proceeds will fund the remaining construction costs of the Sandersville Facility, reimburse certain prior equity contributions and fund debt service reserves.”