$1.07B letter of credit sublimit under revolver
Company: Hut 8
The claim, verbatim
The revolving facility includes a matching $1.07 billion letter of credit sublimit.
Source (primary)
Hut 8 Secures $1.07 Billion Four-Year Senior Secured Revolver Led by JPMorgan - TradingView (-, news_article)
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Quote: “The facility, which includes a matching $1.07 billion letter of credit sublimit, runs for four years and allows borrowings, repayments and reborrowings.”
How we checked this
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Additional evidence
confirms Hut 8 Secures $1.07 Billion Four-Year Senior Secured Revolver Led by JPMorgan - TradingView
Quote: “The facility, which includes a matching $1.07 billion letter of credit sublimit, runs for four years and allows borrowings, repayments and reborrowings.”