Revolver pricing: SOFR +150-200 bps, initial SOFR +175 bps
Company: Hut 8
The claim, verbatim
The drawn margin ranges from SOFR plus 150 to 200 basis points depending on Hut 8's consolidated total debt-to-market-capitalization ratio. The initial margin at closing is SOFR plus 175 basis points.
Source (primary)
Hut 8 Secures $1.07 Billion Revolving Credit Facility to Expand Liquidity - citybiz.co (-, news_article)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “The initial margin at closing is SOFR plus 175 basis points.”
How we checked this
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Additional evidence
confirms Hut 8 Secures $1.07 Billion Revolving Credit Facility to Expand Liquidity - citybiz.co
Quote: “The initial margin at closing is SOFR plus 175 basis points.”