$550M revolving credit facility maturing May 2029
Company: Applied Digital
The claim, verbatim
$550 million revolving credit facility ($350M committed plus $200M accordion) maturing May 2029 for campus development
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “Closed a revolving credit facility of up to $550 million ($350 million committed + $200 million accordion), arranged by Goldman Sachs and maturing in May 2029, to support pre- and post-lease development across campuses.”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The release gives the facility size, its committed and accordion split, the May 2029 maturity and its development purpose.
Confirmed in the source:
- Applied Digital closed a revolving credit facility of up to $550 million
- The facility consists of $350 million committed plus a $200 million accordion
- The facility matures in May 2029
- The facility supports pre- and post-lease development across campuses
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/159/applied-digital-reports-fiscal-fourth-quarter-and-full-year/) in full (55,619 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “Closed a revolving credit facility of up to $550 million ($350 million committed + $200 million accordion), arranged by Goldman Sachs and maturing in May 2029, to support pre- and post-lease development across campuses.”