Cost of debt cut ~300 bps
Company: CoreWeave
The claim, verbatim
CoreWeave has cut its average cost of debt by almost 300 basis points, which it says saves about $1.1 billion a year in interest.
Source (primary)
CoreWeave Stock: The AI Demand Story Is Strong, but One Risk Could Change Everything - Yahoo Finance (-, news_article)
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Quote: “CoreWeave has cut its average cost of debt by almost 300 basis points, which it says saves about $1.1 billion a year in interest”
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Additional evidence
confirms CoreWeave Stock: The AI Demand Story Is Strong, but One Risk Could Change Everything - Yahoo Finance
Quote: “CoreWeave has cut its average cost of debt by almost 300 basis points, which it says saves about $1.1 billion a year in interest”