Senior secured financing completion
Company: Applied Digital
The claim, verbatim
Completed over $5 billion in senior secured financings consisting of fixed-rate notes offerings, bridge facilities and up to $550 million revolving credit facility
Source (primary)
View PDF (IR page (ir.applieddigital.com), ir_release)
View cached copy (2026-09-26)Live source ↗Archive.org ↗
Quote: “completed over $5 billion in senior secured financings, consisting of fixed-rate notes offerings, bridge facilities and an up to $550 million revolving credit facility”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The CEO letter states all of these elements. Elsewhere the same proxy describes the construction debt total as 'nearly $5.0 billion'.
Confirmed in the source:
- Applied Digital completed over $5 billion in senior secured financings during the fiscal year
- The financings included fixed-rate notes offerings
- The financings included bridge facilities
- The financings included an up to $550 million revolving credit facility
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001493152-26-044325/0001493152-26-044325.pdf) in full (267,657 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms View PDF
Quote: “completed over $5 billion in senior secured financings, consisting of fixed-rate notes offerings, bridge facilities and an up to $550 million revolving credit facility”