NC-1 $300M secured credit facility initial funding
Company: WhiteFiber - Project: NC-1
The claim, verbatim
WhiteFiber entered into a $300 million secured credit facility for NC-1 ($200M initial term loans plus $100M delayed-draw, five-year term, SOFR+600bps with 2.00% floor); initial funding is expected later in November or early December 2026, subject to customary funding conditions, with proceeds expected to reimburse a portion of invested development equity.
Source (primary)
WhiteFiber, Inc. Reports Third Quarter 2026 Results - PR Newswire (-, news_article)
View cached copy (2026-11-11)Live source ↗Archive.org ↗
Quote: “Initial funding is expected later in November or in early December, subject to extension of the funding date as may be mutually agreed by the borrower and lenders, and remains subject to satisfaction of customary funding conditions.”
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, Inc. Reports Third Quarter 2026 Results - PR Newswire
Quote: “Initial funding is expected later in November or in early December, subject to extension of the funding date as may be mutually agreed by the borrower and lenders, and remains subject to satisfaction of customary funding conditions.”