NC-1 loan pricing floor
Company: WhiteFiber
The claim, verbatim
Borrowings carry interest at Term SOFR (2.00% floor) plus 6.00%, or the base rate plus 5.00%, so the rate cannot fall below 8% a year.
Source (primary)
WhiteFiber lines up a $300 million Morgan Stanley loan for its North Carolina AI data center - MLQ.ai (-, news_article)
View cached copy (2026-11-11)Live source ↗Archive.org ↗
Quote: “so the rate cannot fall below 8% a year”
How we checked this
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Additional evidence
confirms WhiteFiber lines up a $300 million Morgan Stanley loan for its North Carolina AI data center - MLQ.ai
Quote: “so the rate cannot fall below 8% a year”