$4.25B senior secured notes for Beacon Point project
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Beacon Point DC LLC priced $4.25 billion of 6.129% senior secured notes due November 30, 2042, with interest payments beginning November 30, 2026 and amortization payments beginning May 30, 2030
Source (primary)
hut-8 8-K exhibit (tm2616926d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-06)Live source ↗
Quote: “Beacon Point DC LLC (the "Issuer"), has priced a $4.25 billion private offering (the "Offering") of 6.129% senior secured notes due 2042 (the "Notes"). The Notes will bear interest at a rate of 6.129% per annum payable semi-annually in cash in arrears on May 30 and November 30 of each year, beginning on November 30, 2026 and will mature on November 30, 2042. The Notes will be fully amortizing with amortization payments payable semi-annually beginning on May 30, 2030.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms hut-8 8-K exhibit (tm2616926d1_ex99-1.htm)
Quote: “Beacon Point DC LLC (the "Issuer"), has priced a $4.25 billion private offering (the "Offering") of 6.129% senior secured notes due 2042 (the "Notes"). The Notes will bear interest at a rate of 6.129% per annum payable semi-annually in cash in arrears on May 30 and November 30 of each year, beginning on November 30, 2026 and will mature on November 30, 2042. The Notes will be fully amortizing with amortization payments payable semi-annually beginning on May 30, 2030.”