Term SOFR pricing on credit line
Company: Hut 8
The claim, verbatim
Term SOFR loans under the facility carry an initial margin of 1.75 percentage points, ranging from 1.50 to 2.00 points based on Hut 8's debt-to-market-capitalization ratio.
Source (primary)
Hut 8 locks in $1B credit line, but faces 40% liquidity rules - Cryptonews.net (-, news_article)
View cached copy (2026-09-30)Live source ↗Archive.org ↗
Quote: “If Hut 8 chooses Term SOFR loans, the initial margin is 1.75 percentage points above the benchmark.”
How we checked this
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Additional evidence
confirms Hut 8 locks in $1B credit line, but faces 40% liquidity rules - Cryptonews.net
Quote: “If Hut 8 chooses Term SOFR loans, the initial margin is 1.75 percentage points above the benchmark.”