Revolver pricing: SOFR +150-200bp, initial SOFR +175bp
Company: Hut 8
The claim, verbatim
The revolver's drawn margin ranges from 150 to 200 basis points over SOFR based on the company's consolidated total debt-to-market-capitalization ratio, and was set at 175 basis points over 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: “with a drawn margin ranging from 150 to 200 basis points above the SOFR (Secured Overnight Financing Rate), based on the company's consolidated total debt-to-market-capitalization ratio. 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: “with a drawn margin ranging from 150 to 200 basis points above the SOFR (Secured Overnight Financing Rate), based on the company's consolidated total debt-to-market-capitalization ratio. The initial margin was set at 175 basis points above SOFR at closing.”