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$300M term loan facility for NC-1 led by Morgan Stanley

Company: WhiteFiber - Project: NC-1

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

The claim, verbatim

On November 9, 2026, WhiteFiber subsidiaries Enovum NC-1 Midco, LLC and Enovum NC-1 Bidco, LLC executed a Term Loan Credit Agreement with Morgan Stanley Senior Funding as administrative agent and lead arranger, comprising a $200 million initial term loan and a $100 million delayed-draw facility, each with a five-year maturity from first disbursement.

Source (primary)

WhiteFiber Secure $300M Financing for North Carolina Data Center - TheEnergyMag (-, news_article)
View cached copy (2026-11-11)Live source ↗Archive.org ↗

Quote: “The financing package consists of a $200 million initial term loan and a $100 million delayed-draw facility. Both components of the debt carry a five-year maturity term starting from the date of the first disbursement.”

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 Secure $300M Financing for North Carolina Data Center - TheEnergyMag

Quote: “The financing package consists of a $200 million initial term loan and a $100 million delayed-draw facility. Both components of the debt carry a five-year maturity term starting from the date of the first disbursement.”

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