Plan to pursue additional senior secured debt for utility LCs
Company: TeraWulf
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)
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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
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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”
