Term SOFR pricing on credit facility
Company: Hut 8
The claim, verbatim
Term SOFR loans under the facility carry an initial margin of 1.75 percentage points over the benchmark. The margin can range from 1.50 to 2.00 points depending 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 (2026-10-02)Live source ↗Archive.org ↗
Quote: “If Hut 8 chooses Term SOFR loans, the initial margin is 1.75 percentage points above the benchmark. That margin can range from 1.50 to 2.00 points as the company's debt-to-market-capitalization ratio changes.”
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. That margin can range from 1.50 to 2.00 points as the company's debt-to-market-capitalization ratio changes.”