$100 million revolver and $500 million letter-of-credit facility
Company: Core Scientific
The claim, verbatim
Core Scientific added a $100 million revolver in August alongside a $500 million letter-of-credit facility.
Source (primary)
Core Scientific colocation revenue rises 58% to $215 million as billing capacity reaches 485 MW - Yahoo Finance (-, news_article)
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Quote: “the $100 million revolver, which Core Scientific added in August alongside a letter-of-credit facility worth $500 million”
How we checked this
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Additional evidence
confirms Core Scientific colocation revenue rises 58% to $215 million as billing capacity reaches 485 MW - Yahoo Finance
Quote: “the $100 million revolver, which Core Scientific added in August alongside a letter-of-credit facility worth $500 million”