Morgan Stanley delayed-draw facility for Rockdale data center
Company: Riot - Project: Rockdale
The claim, verbatim
Riot Platforms' subsidiary entered into a senior secured delayed-draw facility with Morgan Stanley Senior Funding for up to $573 million for initial development costs of the Rockdale data-center project, maturing on December 31, 2026.
Source (primary)
Riot Platforms locked in a $9.1 billion Anthropic deal, but its bridge loan expires before the rent starts - CryptoSlate (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “a Riot subsidiary entered into a senior secured delayed-draw facility administered by Morgan Stanley Senior Funding, providing access to up to $573 million for long-lead equipment and other initial development costs. The borrowings will mature on Dec. 31, 2026”
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Additional evidence
confirms Riot Platforms locked in a $9.1 billion Anthropic deal, but its bridge loan expires before the rent starts - CryptoSlate
Quote: “a Riot subsidiary entered into a senior secured delayed-draw facility administered by Morgan Stanley Senior Funding, providing access to up to $573 million for long-lead equipment and other initial development costs. The borrowings will mature on Dec. 31, 2026”