$600M credit package to free ~$300M restricted cash
Company: Core Scientific
The claim, verbatim
The company closed a $600 million credit package in August that it said would free about $300 million of restricted cash.
Source (primary)
Needham reiterates $35 Core Scientific target as tenant CoreWeave faces credit pressure - Yahoo Finance (-, news_article)
View cached copy (2026-10-16)Live source ↗
Quote: “it closed a $600 million credit package in August that it said would free about $300 million of restricted cash”
How we checked this
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Additional evidence
confirms Needham reiterates $35 Core Scientific target as tenant CoreWeave faces credit pressure - Yahoo Finance
Quote: “it closed a $600 million credit package in August that it said would free about $300 million of restricted cash”