$1.59 billion senior secured notes for Polaris Forge 1 building 4
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
Applied Digital raised $1.59 billion through senior secured notes due 2031 for the fourth building at Polaris Forge 1
Source (primary)
Applied Digital Continues Heavy Capital Spending: What's Ahead? - Eastern Progress (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗
Quote: “The company raised $1.59 billion through senior secured notes due 2031 to fund the fourth building at Polaris Forge 1”
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Additional evidence
confirms Applied Digital Continues Heavy Capital Spending: What's Ahead? - Eastern Progress
Quote: “The company raised $1.59 billion through senior secured notes due 2031 to fund the fourth building at Polaris Forge 1”