Takeout financing of bridge facility
Company: Riot - Project: Rockdale
The claim, verbatim
CFO Jason Chung said Riot plans to execute takeout financing of the interim Morgan Stanley facility in the coming months as the investment-grade backstop is completed.
Source (primary)
Riot Platforms’ $573 Million Bridge Loan Comes Due December 31 as Shares Fall 8% in October’s First Week. Time to Sell or Load Up? - TIKR.com (-, news_article)
View cached copy (2026-10-10)Live source ↗Archive.org ↗
Quote: “execute the takeout financing of this interim facility in the coming months as the investment-grade backstop is completed”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article quotes Chung on the takeout of the interim facility, which it presents as the Morgan Stanley bridge.
Confirmed in the source:
- CFO Jason Chung said Riot plans to execute takeout financing of the interim facility in the coming months
- Chung said the takeout would follow completion of the investment-grade backstop
- The interim facility referred to is the Morgan Stanley bridge
What we did: Read our cached copy of the publisher (https://www.tikr.com/blog/riot-platforms-573-million-bridge-loan-comes-due-december-31-as-shares-fall-8-in-octobers-first-week-time-to-sell-or-load-up) in full (10,000 characters, retrieved October 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot Platforms’ $573 Million Bridge Loan Comes Due December 31 as Shares Fall 8% in October’s First Week. Time to Sell or Load Up? - TIKR.com
Quote: “execute the takeout financing of this interim facility in the coming months as the investment-grade backstop is completed”