Weighted average cost of debt 7.9% at end of Q3
Company: CoreWeave
The claim, verbatim
CEO Michael Intrator said the weighted average cost of debt across the business was 7.9% at the end of Q3, down 250 basis points year over year.
Source (primary)
CoreWeave just breathed new life into the AI trade - Business Insider (-, news_article)
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Quote: “At the end of Q3, our weighted average cost of debt across our entire business was 7.9%, down 250 basis points year over year.”
How we checked this
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Additional evidence
confirms CoreWeave just breathed new life into the AI trade - Business Insider
Quote: “At the end of Q3, our weighted average cost of debt across our entire business was 7.9%, down 250 basis points year over year.”