$775M asset-backed facility (July)
Company: Nebius
The claim, verbatim
In July, Nebius announced a $775 million senior secured facility, priced at SOFR plus 2.50% and maturing October 31, 2030. It is backed by deployed GPU infrastructure and contracted cash flow from an investment-grade customer. The company said the loan and the customer's cash flows together cover more than 100% of the deployment's capex.
Source (primary)
Why Nebius Took a One-Year Loan to Build for Five-Year Contracts - Global Data Center Hub (-, news_article)
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Quote: “In July , Nebius announced a $775 million senior secured facility that matures October 31, 2030, priced at SOFR plus 2.50%.”
How we checked this
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Additional evidence
confirms Why Nebius Took a One-Year Loan to Build for Five-Year Contracts - Global Data Center Hub
Quote: “In July , Nebius announced a $775 million senior secured facility that matures October 31, 2030, priced at SOFR plus 2.50%.”
