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Citi facility use of proceeds

Company: Nebius

Subject kind
financing
Statement date
2026-10-21
Current status
stated

The claim, verbatim

Proceeds from the Citi facility will be used for data center development and GPU procurement, as well as general corporate purposes.

Source (primary)

nebius 8-K exhibit (tm2628078d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-23)Live source ↗

Quote: “The proceeds will be used for data center development and GPU procurement, as well as for general corporate purposes.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms nebius 8-K exhibit (tm2628078d1_ex99-1.htm)

Quote: “The proceeds will be used for data center development and GPU procurement, as well as for general corporate purposes.”

View cached copy (2026-10-23)Live source ↗