Funding channels for unfinanced capacity
Company: Applied Digital
The claim, verbatim
Cummins said bank construction loans, project financing and the bond market remain available to the company, although higher Treasury yields and wider credit spreads have raised borrowing costs.
Source (primary)
APLD Stock Hits Over 1-Year Low: CEO Says It’s Not a Neocloud, But 800 MW Capacity Still Needs Financing - TradingView (-, news_article)
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Quote: “bank construction loans, project financing and the bond market remain available, although higher Treasury yields and wider credit spreads have increased borrowing costs”
How we checked this
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Additional evidence
confirms APLD Stock Hits Over 1-Year Low: CEO Says It’s Not a Neocloud, But 800 MW Capacity Still Needs Financing - TradingView
Quote: “bank construction loans, project financing and the bond market remain available, although higher Treasury yields and wider credit spreads have increased borrowing costs”
