$2.227 billion senior secured notes offering
Company: CleanSpark - Project: Sandersville
The claim, verbatim
CleanSpark announced a $2.227 billion senior secured notes offering through subsidiary CSDC Finance I, maturing in 2031, with proceeds earmarked for Sandersville facility construction, reimbursing prior equity contributions, and establishing debt service reserves
Source (primary)
CleanSpark Jumps as $2.2 Billion Debt Sale Sidesteps Share Dilution - finance.biggo.com (-, news_article)
View cached copy (2026-09-21)Live source ↗
Quote: “a $2.227 billion senior secured notes offering through subsidiary CSDC Finance I, maturing in 2031. Proceeds are earmarked for three primary purposes: covering remaining construction costs at the Sandersville facility in Georgia, reimbursing CleanSpark for prior equity contributions to the project, and establishing debt service reserve accounts”
How we checked this
Checked on September 25, 2026. The cited source supports every part of this claim.
The article states the offering amount, issuing subsidiary, 2031 maturity, and all three uses of proceeds.
Confirmed in the source:
- CleanSpark announced a $2.227 billion senior secured notes offering
- The offering is through subsidiary CSDC Finance I
- The notes mature in 2031
- Proceeds are earmarked for construction of the Sandersville facility
- Proceeds are earmarked for reimbursing prior equity contributions
- Proceeds are earmarked for establishing debt service reserves
What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/e642a142-4d45-4dd8-a08e-9dbedb887393) in full (6,300 characters, retrieved September 21, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark Jumps as $2.2 Billion Debt Sale Sidesteps Share Dilution - finance.biggo.com
Quote: “a $2.227 billion senior secured notes offering through subsidiary CSDC Finance I, maturing in 2031. Proceeds are earmarked for three primary purposes: covering remaining construction costs at the Sandersville facility in Georgia, reimbursing CleanSpark for prior equity contributions to the project, and establishing debt service reserve accounts”