Senior Secured Notes
Company: Core Scientific
The claim, verbatim
$150 million aggregate principal amount of senior secured notes due January 23, 2028, bearing interest at 12.5% per annum payable quarterly beginning June 15, 2024, with no amortization prior to maturity
Source (primary)
Core Scientific 8-K filed 2024-01-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Company issued $150.0 million aggregate principal amount of senior secured notes due 2027... The maturity date of the Secured Notes is January 23, 2028. The Secured Notes bear interest at a rate of 12.5% per annum, payable on March 15, June 15, September 15 and December 15 of each year, beginning on June 15, 2024. There is no amortization on the New Secured Notes prior to maturity”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing states each of these terms; note that it also labels the notes 'due 2027' while giving a maturity date of January 23, 2028.
Confirmed in the source:
- $150.0 million aggregate principal amount of senior secured notes
- maturity date January 23, 2028
- interest at 12.5% per annum
- interest payable quarterly beginning June 15, 2024
- no amortization prior to maturity
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312524013078/d661343d8k.htm) in full (63,484 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 8-K filed 2024-01-23
Quote: “the Company issued $150.0 million aggregate principal amount of senior secured notes due 2027... The maturity date of the Secured Notes is January 23, 2028. The Secured Notes bear interest at a rate of 12.5% per annum, payable on March 15, June 15, September 15 and December 15 of each year, beginning on June 15, 2024. There is no amortization on the New Secured Notes prior to maturity”