Pursuing an investment-grade corporate profile
Company: Hut 8
The claim, verbatim
CFO Sean Glennan said the revolver-funded approach of financing projects through development before putting long-term non-recourse financing in place is intended to optimize cost of capital, limit dilution and continue building toward an investment-grade corporate profile.
Source (primary)
Hut 8 Secures $1.07 Billion Senior Secured Revolving Credit Facility - energynews.pro (-, news_article)
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Quote: “this approach is intended to optimize the cost of capital, limit dilution and continue building toward an investment-grade corporate profile”
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: “this approach is intended to optimize the cost of capital, limit dilution and continue building toward an investment-grade corporate profile”