$1.59B 7% senior secured notes for Polaris Forge 1 third building
Company: Applied Digital
The claim, verbatim
Applied Digital closed $1.59 billion of 7% senior secured notes to fund a third HPC building at Polaris Forge 1.
Source (primary)
Applied Digital Jumps 10% as Data Center Stocks Rebound; Riot Climbs 7%, Core Scientific Gains 4% - 24/7 Wall St. (-, news_article)
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Quote: “The company closed $1.59 billion of 7% senior secured notes to fund a third high-performance computing building at Polaris Forge 1”
How we checked this
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Additional evidence
confirms Applied Digital Jumps 10% as Data Center Stocks Rebound; Riot Climbs 7%, Core Scientific Gains 4% - 24/7 Wall St.
Quote: “The company closed $1.59 billion of 7% senior secured notes to fund a third high-performance computing building at Polaris Forge 1”