$3.5B Citigroup debt facility secured
Company: Nebius
The claim, verbatim
Nebius said it secured a $3.5 billion debt facility from Citigroup to fund data center expansion, GPU purchases and general corporate purposes; the loan matures in October next year.
Source (primary)
Nebius CEO Says Company Has Enough To Build Its Gigawatt, But Admits That "Some Of The Capital Sources Are Temporarily Closed" - 24/7 Wall St. (-, news_article)
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Quote: “Nebius said Thursday it secured a $3.5 billion debt facility from Citigroup ( NYSE:C ) to fund data center expansion and GPU purchases.”
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Additional evidence
confirms Nebius CEO Says Company Has Enough To Build Its Gigawatt, But Admits That "Some Of The Capital Sources Are Temporarily Closed" - 24/7 Wall St.
Quote: “Nebius said Thursday it secured a $3.5 billion debt facility from Citigroup ( NYSE:C ) to fund data center expansion and GPU purchases.”