jain.com

Revolver pricing SOFR+150-200bps

Company: Hut 8

Subject kind
financing
Statement date
2026-09-28
Promised amount
175.0
Current status
stated

The claim, verbatim

The facility carries a drawn margin of 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, and borrowings can be repaid without prepayment penalties.

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 the pricing terms. It also says borrowings can be repaid without prepayment penalties, subject to customary conditions.

Confirmed in the source:

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”

View cached copy (2026-10-05)Live source ↗Archive.org ↗