LC sublimit removed
Company: TeraWulf
The claim, verbatim
The amendment eliminates the revolver's previous $150 million letter-of-credit sublimit and permits collateral releases when specified conditions are met.
Source (primary)
TeraWulf Expands Revolving Credit Line 60% to About $400 Million - TheEnergyMag (-, news_article)
View cached copy (2026-10-24)Live source ↗Archive.org ↗
Quote: “The latest amendment eliminates the revolver’s previous $150 million letter-of-credit sublimit and permits collateral releases when specified conditions are met.”
How we checked this
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Additional evidence
confirms TeraWulf Expands Revolving Credit Line 60% to About $400 Million - TheEnergyMag
Quote: “The latest amendment eliminates the revolver’s previous $150 million letter-of-credit sublimit and permits collateral releases when specified conditions are met.”