Letter-of-credit sublimit
Company: Hut 8
The claim, verbatim
The facility includes a $1,070.0 million letter-of-credit sublimit supporting site development collateral such as interconnection deposits and utility/equipment vendor obligations.
Source (primary)
Twelve lenders back a new credit line for Hut 8 Corp. (HUT). Nothing was drawn at closing. - Stock Titan (-, news_article)
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Quote: “including a $1,070.0 million letter of credit sublimit”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Twelve lenders back a new credit line for Hut 8 Corp. (HUT). Nothing was drawn at closing. - Stock Titan
Quote: “including a $1,070.0 million letter of credit sublimit”