$2.35B 9.25% senior secured notes due 2030
Company: Applied Digital
The claim, verbatim
Completed a $2.35 billion private offering of 9.25% senior secured notes due 2030 at 97% of par, with Morgan Stanley as lead; proceeds for ELN-02 and ELN-03 construction, SMBC Loan repayment, and debt service reserves.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “Completed a $2.35 billion private offering of 9.25% senior secured notes due 2030, issued at 97% of par”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “Completed a $2.35 billion private offering of 9.25% senior secured notes due 2030, issued at 97% of par”