Macquarie note terms: 18 months, 0.25% interest
Company: Applied Digital
The claim, verbatim
The 18-month Note bears 0.25% annual interest with no commitment fee or original issue discount, and carries a minimum return hurdle of 1.11x within the first four months that scales up to 1.35x over its term.
Source (primary)
applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-24)Live source ↗
Quote: “The 18-month Note bears a low interest rate of 0.25% per annum, carries no commitment fee or original issue discount and is subject to an initial minimum return hurdle of 1.11x within the first four months of the Note's term that scales up to 1.35x over its term.”
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 applied-digital 8-K exhibit (ex99-1.htm)
Quote: “The 18-month Note bears a low interest rate of 0.25% per annum, carries no commitment fee or original issue discount and is subject to an initial minimum return hurdle of 1.11x within the first four months of the Note's term that scales up to 1.35x over its term.”