jain.com

$300M Morgan Stanley term loan for NC-1

Company: WhiteFiber

Subject kind
financing
Statement date
2026-11-10
Promised amount
300000000.0 USD
Current status
stated

The claim, verbatim

Two indirect WhiteFiber subsidiaries, Enovum NC-1 Midco and Enovum NC-1 Bidco, signed a $300 million term loan credit agreement on Nov. 9 with Morgan Stanley Senior Funding as agent: a $200 million initial term loan and a $100 million delayed-draw tranche. The loan is not guaranteed by WhiteFiber Inc.

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: “Two indirect subsidiaries, Enovum NC-1 Midco and Enovum NC-1 Bidco, entered the term loan credit agreement on Nov. 9 with Morgan Stanley Senior Funding as administrative and collateral agent and a group of lenders”

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 WhiteFiber lines up a $300 million Morgan Stanley loan for its North Carolina AI data center - MLQ.ai

Quote: “Two indirect subsidiaries, Enovum NC-1 Midco and Enovum NC-1 Bidco, entered the term loan credit agreement on Nov. 9 with Morgan Stanley Senior Funding as administrative and collateral agent and a group of lenders”

View cached copy (2026-11-11)Live source ↗Archive.org ↗