$775M first secured facility (July)
Company: Nebius
The claim, verbatim
Nebius's first secured facility was a $775 million loan in July, priced at SOFR plus 2.50% and maturing in 2030. It is backed by deployed GPUs and contracted cash flows from an investment-grade customer.
Source (primary)
Nebius Secures $3.5 Billion From Citi as It Shifts From Converts to Secured Debt - Yahoo Finance (-, news_article)
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Quote: “It follows Nebius's first secured facility, a $775 million loan in July priced at SOFR plus 2.50% and maturing in 2030.”
How we checked this
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Additional evidence
confirms Nebius Secures $3.5 Billion From Citi as It Shifts From Converts to Secured Debt - Yahoo Finance
Quote: “It follows Nebius's first secured facility, a $775 million loan in July priced at SOFR plus 2.50% and maturing in 2030.”