Credit ratings on green notes
Company: TeraWulf
The claim, verbatim
The senior secured green notes are rated Ba2/BB/BB by Moody's, S&P, and Fitch.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “Ba2/BB/BB Ratings from Moody's, S&P, and Fitch”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The notes structure slide lists Ba2/BB/BB ratings from Moody's, S&P, and Fitch.
Confirmed in the source:
- The senior secured green notes are rated Ba2 by Moody's, BB by S&P, and BB by Fitch
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23306/pdf/WULF_Q3_2025_Investor_Update_%28Nov_2025%29vF.pdf) in full (31,442 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “Ba2/BB/BB Ratings from Moody's, S&P, and Fitch”