Expected permanent project financing terms
Company: Applied Digital
The claim, verbatim
Company expects to replace the credit agreement with permanent project financing having a 75% to 85% debt-to-equity ratio and pricing in the range of SOFR plus 250 basis points
Source (primary)
Applied Digital 8-K filed 2025-02-12 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company plans to replace the Credit Agreement with permanent project financing, which the Company expects to have a 75% to 85% debt-to-equity ratio and pricing in the range of SOFR plus 250 bps”
How we checked this
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Additional evidence
confirms Applied Digital 8-K filed 2025-02-12
Quote: “The Company plans to replace the Credit Agreement with permanent project financing, which the Company expects to have a 75% to 85% debt-to-equity ratio and pricing in the range of SOFR plus 250 bps”