$1.59B 7% senior secured notes offering (June 2026)
Company: Applied Digital
The claim, verbatim
In June 2026, Applied Digital completed a $1.59 billion offering of 7% senior secured notes to fund data-center projects.
Source (primary)
Applied Digital to Post Q1 Earnings: Is It Time to Hold or Fold? - Zacks Investment Research (-, news_article)
View cached copy (2026-10-07)Live source ↗Archive.org ↗
Quote: “in June 2026, a $1.59 billion offering of 7% senior secured notes to fund data-center projects”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The article states Applied Digital completed, in June 2026, a $1.59 billion offering of 7% senior secured notes to fund data-center projects, matching every element of the claim.
Confirmed in the source:
- Applied Digital completed an offering of senior secured notes in June 2026
- The June 2026 offering was $1.59 billion
- The notes carry a 7% interest rate
- The offering was to fund data-center projects
What we did: Read our cached copy of the publisher (https://www.zacks.com/stock/news/3001239/applied-digital-to-post-q1-earnings-is-it-time-to-hold-or-fold) in full (18,767 characters, retrieved October 7, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital to Post Q1 Earnings: Is It Time to Hold or Fold? - Zacks Investment Research
Quote: “in June 2026, a $1.59 billion offering of 7% senior secured notes to fund data-center projects”
confirms Applied Digital to Post Q1 Earnings: Is It Time to Hold or Fold? - Yahoo Finance
Quote: “in June 2026, a $1.59 billion offering of 7% senior secured notes to fund data-center projects”