Citi loan pricing: Term SOFR + 2.75 pts
Company: Nebius
The claim, verbatim
The Citi loan charges Term SOFR plus 2.75 percentage points, a margin that can rise to 3.5 points.
Source (primary)
Nebius borrows $3.5 billion as investors question neocloud debt - Yahoo Finance (-, news_article)
View cached copy (2026-10-28)Live source ↗Archive.org ↗
Quote: “The loan charges Term SOFR, a benchmark tracking U.S. short-term rates, plus 2.75 percentage points, the release said . That margin can rise to 3.5 points.”
How we checked this
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Additional evidence
confirms Nebius borrows $3.5 billion as investors question neocloud debt - Yahoo Finance
Quote: “The loan charges Term SOFR, a benchmark tracking U.S. short-term rates, plus 2.75 percentage points, the release said . That margin can rise to 3.5 points.”