Facility initial margin SOFR+175bps
Company: Hut 8
The claim, verbatim
The Facility's drawn margin ranges from SOFR plus 150 to 200 basis points based on consolidated total debt-to-market-cap ratio, with an initial margin of SOFR plus 175 basis points at closing.
Source (primary)
Hut 8 Expands Corporate Liquidity with $1.07 Billion Senior Secured Revolving Credit Facility - Investing News Network (-, news_article)
View cached copy (2026-10-05)Live source ↗Archive.org ↗
Quote: “a drawn margin ranging from SOFR plus 150 to 200 basis points based on the Company's consolidated total debt-to-market-capitalization ratio, with an initial margin of SOFR plus 175 basis points at closing”
How we checked this
Checked on October 6, 2026. The cited source supports every part of this claim.
The release states this pricing grid and the initial margin.
Confirmed in the source:
- The facility's drawn margin ranges from SOFR plus 150 to 200 basis points
- The margin depends on Hut 8's consolidated total debt-to-market-capitalization ratio
- The initial margin at closing was SOFR plus 175 basis points
What we did: Read our cached copy of the publisher (https://investingnews.com/hut-8-expands-corporate-liquidity-with-1-07-billion-senior-secured-revolving-credit-facility/) in full (10,202 characters, retrieved October 5, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 Expands Corporate Liquidity with $1.07 Billion Senior Secured Revolving Credit Facility - Investing News Network
Quote: “a drawn margin ranging from SOFR plus 150 to 200 basis points based on the Company's consolidated total debt-to-market-capitalization ratio, with an initial margin of SOFR plus 175 basis points at closing”