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Senior secured notes issuance

Company: Core Scientific

Subject kind
financing
Statement date
2026-08-20
Promised amount
3300000000.0 USD
Current status
stated

The claim, verbatim

Core Scientific issued $3.3 billion in senior secured notes at 7.75% interest in May 2026, maturing in 2031

Source (primary)

Core Scientific's $24 Billion AI Pivot Faces a $4.3 Billion Debt Reckoning - finance.biggo.com (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “To finance the expansion, Core Scientific issued $3.3 billion of senior secured notes in May. The notes carry a 7.75% interest rate and mature in 2031.”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document reports the $3.3 billion issuance in May (within its H1 2026 reporting period), the 7.75% rate, and 2031 maturity.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/64d36564-7f50-4ed3-b111-c9608c1254f4) in full (11,667 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific's $24 Billion AI Pivot Faces a $4.3 Billion Debt Reckoning - finance.biggo.com

Quote: “To finance the expansion, Core Scientific issued $3.3 billion of senior secured notes in May. The notes carry a 7.75% interest rate and mature in 2031.”

View cached copy (2026-08-31)Live source ↗