Senior Secured Notes Issuance
Company: Core Scientific
The claim, verbatim
Core Scientific issued $3.3 billion of senior secured notes due 2031 at 7.750% interest rate, with net proceeds of approximately $2.9 billion
Source (primary)
First Quarter Fiscal Year 2026 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-26)Live source ↗Archive.org ↗
Quote: “Senior Secured Notes $3.3B Rate 7.750% Due 2031 Net Proceeds1 2026 capex2 ~$2.9B”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The deck's Financing and CapEx Overview lists the $3.3B senior secured notes at 7.750% due 2031 with ~$2.9B in net proceeds.
Confirmed in the source:
- Core Scientific secured $3.3 billion of senior secured notes
- The notes carry a 7.750% interest rate
- The notes are due 2031
- Net proceeds were approximately $2.9 billion (net of OID, fees, and DSRA funding)
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_fda3a1f2f1890adaa7ac6c4d9d310971/corescientific/db/1066/11271/pdf/Q1+FY26+earnings+deck.pdf) in full (14,811 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms First Quarter Fiscal Year 2026 Earnings Presentation
Quote: “Senior Secured Notes $3.3B Rate 7.750% Due 2031 Net Proceeds1 2026 capex2 ~$2.9B”