NC-1 loan security and maturity terms
Company: WhiteFiber
The claim, verbatim
Loans mature five years after initial funding and are secured by substantially all assets of the borrower and its holding company, with a mortgage on the data center required before initial funding.
Source (primary)
WhiteFiber Secures $300 Million Five-Year Term Loan Facility for NC-1 Data Center - TradingView (-, news_article)
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Quote: “The loans mature five years after initial funding and are secured by substantially all assets of the borrower and its holding company, with a mortgage on the data center required before initial funding.”
How we checked this
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Additional evidence
confirms WhiteFiber Secures $300 Million Five-Year Term Loan Facility for NC-1 Data Center - TradingView
Quote: “The loans mature five years after initial funding and are secured by substantially all assets of the borrower and its holding company, with a mortgage on the data center required before initial funding.”