$3.7B 2.875% convertible notes due 2033
Company: CoreWeave
The claim, verbatim
In September 2026, CoreWeave priced $3.7 billion of convertible notes due 2033 at a 2.875% coupon, with a $500 million option.
Source (primary)
CoreWeave Stock Fell Nearly 8% in a Day on an OpenAI Revenue Report. Here’s Why Its Borrowing Model Raises the Stakes - TIKR.com (-, news_article)
View cached copy (2026-10-10)Live source ↗Archive.org ↗
Quote: “In September, CoreWeave priced $3.7 billion of convertible notes due 2033 at 2.875% , with a $500 million option.”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The source, dated October 2026, describes the September raise with these terms.
Confirmed in the source:
- In September 2026, CoreWeave priced $3.7 billion of convertible notes.
- The notes are due 2033.
- The notes carry a 2.875% coupon.
- The offering included a $500 million option.
What we did: Read our cached copy of the publisher (https://www.tikr.com/blog/coreweave-stock-fell-nearly-8-in-a-day-on-an-openai-revenue-report-heres-why-its-borrowing-model-raises-the-stakes) in full (9,538 characters, retrieved October 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CoreWeave Stock Fell Nearly 8% in a Day on an OpenAI Revenue Report. Here’s Why Its Borrowing Model Raises the Stakes - TIKR.com
Quote: “In September, CoreWeave priced $3.7 billion of convertible notes due 2033 at 2.875% , with a $500 million option.”