Revolver pricing: SOFR +150-200 bps, initial 175 bps
Company: Hut 8
The claim, verbatim
Drawn margin ranges from 150 to 200 bps above SOFR based on total debt-to-market-cap ratio; initial margin set at 175 bps above SOFR at closing.
Source (primary)
Hut 8 Secures $1.07 Billion Senior Secured Revolving Credit Facility - energynews.pro (-, news_article)
View cached copy (2026-09-29)Live source ↗
Quote: “The initial margin was set at 175 basis points above SOFR at closing.”
How we checked this
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Additional evidence
confirms Hut 8 Secures $1.07 Billion Senior Secured Revolving Credit Facility - energynews.pro
Quote: “The initial margin was set at 175 basis points above SOFR at closing.”