Letter-of-credit sublimit removed; collateral release conditions set
Company: TeraWulf
The claim, verbatim
The amendment removed the prior $150 million sublimit on letters of credit and set conditions under which collateral can be released from the agent's security interest.
Source (primary)
TeraWulf Expands Revolving Credit Facility to Boost Liquidity - The Globe and Mail (-, news_article)
View cached copy (2026-10-25)Live source ↗Archive.org ↗
Quote: “removed a prior $150 million sublimit on letters of credit, and set conditions for releasing collateral from the agent’s security interest”
How we checked this
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Additional evidence
confirms TeraWulf Expands Revolving Credit Facility to Boost Liquidity - The Globe and Mail
Quote: “removed a prior $150 million sublimit on letters of credit, and set conditions for releasing collateral from the agent’s security interest”