Over $5B senior secured financing completed in fiscal 2026
Company: Applied Digital
The claim, verbatim
Completed over $5 billion in senior secured financings including fixed-rate notes, bridge facilities and revolving credit facility
Source (primary)
Five leases lifted Applied Digital (APLD)'s initial-term contracted revenue beyond $7 billion. - Stock Titan (-, news_article)
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 the company completed over $5 billion in senior secured financings made up of fixed-rate notes, bridge facilities and an up to $550 million revolver. Elsewhere the proxy describes the construction debt as 'nearly $5.0 billion', a minor inconsistency within the filing.
Confirmed in the source:
- Applied Digital completed over $5 billion in senior secured financings during fiscal 2026
- 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 the publisher (https://www.stocktitan.net/sec-filings/APLD/def-14a-applied-digital-corp-definitive-proxy-statement-295e8d7c8256.html) in full (290,241 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Five leases lifted Applied Digital (APLD)'s initial-term contracted revenue beyond $7 billion. - Stock Titan
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”