Convertible notes annual interest
Company: CoreWeave
The claim, verbatim
The convertible notes will generate $120.75 million of annual cash interest
Source (primary)
CoreWeave closes $4.2 billion convertible notes deal, 40% above initial proposal - Yahoo Finance (-, news_article)
View cached copy (2026-09-26)Live source ↗Archive.org ↗
Quote: “The coupon implies $120.75 million of annual cash interest on the initial principal balance.”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The article says the coupon implies $120.75 million of annual cash interest, calculated on the initial principal balance.
Confirmed in the source:
- The notes' 2.875% coupon implies $120.75 million of annual cash interest on the initial principal balance
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/coreweave-closes-4-2-billion-141257562.html) in full (8,368 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CoreWeave closes $4.2 billion convertible notes deal, 40% above initial proposal - Yahoo Finance
Quote: “The coupon implies $120.75 million of annual cash interest on the initial principal balance.”