Plan to pursue additional senior secured debt for LC needs
Company: TeraWulf
The claim, verbatim
In an Oct. 5 disclosure, TeraWulf said it planned to expand the revolver and pursue additional senior secured debt to support letter-of-credit needs tied to utility partnerships.
Source (primary)
TeraWulf Expands Revolving Credit Commitments to About $400 Million - www.tokenpost.com (-, news_article)
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Quote: “TeraWulf said it planned to expand the revolver and pursue additional senior secured debt to support letter-of-credit needs tied to utility partnerships.”
How we checked this
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Additional evidence
confirms TeraWulf Expands Revolving Credit Commitments to About $400 Million - www.tokenpost.com
Quote: “TeraWulf said it planned to expand the revolver and pursue additional senior secured debt to support letter-of-credit needs tied to utility partnerships.”