Use of proceeds: repay credit agreement loans and redeem 2028 senior secured notes
Company: Core Scientific
The claim, verbatim
Core Scientific intends to use net proceeds to repay in full the outstanding loans under its January 23, 2024 credit and guaranty agreement and to redeem all of its outstanding senior secured notes due 2028.
Source (primary)
core-scientific 8-K exhibit (ex991launchpressrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-30)Live source ↗
Quote: “intends to use the net proceeds from the offering to repay in full the outstanding loans under its credit and guaranty agreement entered into on January 23, 2024 and redeem all of its outstanding senior secured notes due 2028”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms core-scientific 8-K exhibit (ex991launchpressrelease.htm)
Quote: “intends to use the net proceeds from the offering to repay in full the outstanding loans under its credit and guaranty agreement entered into on January 23, 2024 and redeem all of its outstanding senior secured notes due 2028”