Citi $3.5B credit line
Company: Nebius
The claim, verbatim
Citi extended Nebius a $3.5 billion credit line to fund data center construction and GPU purchases; the facility lasts 364 days and is priced at SOFR plus 2.75 points.
Source (primary)
Nebius Stock Moves Higher: What's Going On? - TradingView (-, news_article)
View cached copy (2026-10-28)Live source ↗Archive.org ↗
Quote: “Citi extended Nebius a $3.5 billion credit line, announced Thursday, to pay for building data centers and buying GPUs. It lasts 364 days and begins at the Secured Overnight Financing Rate plus 2.75 points.”
How we checked this
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Additional evidence
confirms Nebius Stock Moves Higher: What's Going On? - TradingView
Quote: “Citi extended Nebius a $3.5 billion credit line, announced Thursday, to pay for building data centers and buying GPUs. It lasts 364 days and begins at the Secured Overnight Financing Rate plus 2.75 points.”