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Plan to pursue additional senior secured debt for utility LCs

Company: TeraWulf

Subject kind
financing
Statement date
2026-10-23
Current status
stated

The claim, verbatim

In an October 5 disclosure, TeraWulf said it planned to enlarge the revolver and pursue additional senior secured debt to support letters of credit for long-term power-development partnerships with utilities.

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: “TeraWulf said it planned to enlarge the revolver and pursue additional senior secured debt to support letters of credit for long-term power-development partnerships with utilities”

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 TeraWulf Expands Revolving Credit Line 60% to About $400 Million - TheEnergyMag

Quote: “TeraWulf said it planned to enlarge the revolver and pursue additional senior secured debt to support letters of credit for long-term power-development partnerships with utilities”

View cached copy (2026-10-24)Live source ↗Archive.org ↗