$300M term loan facility for NC-1 led by Morgan Stanley
Company: WhiteFiber - Project: NC-1
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
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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.”