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$1.59 billion senior secured notes offering

Company: Applied Digital

Subject kind
financing
Statement date
2026-06-08
Promised by
2026-06-16
Promised amount
1590000000.0 USD
Current status
verified

What the later record shows

Delivered on time · happened June 16, 2026

The 10-K states the $1.59 billion 7.000% notes offering closed on June 16, 2026 at 100% of par, matching the expected close date.

“On June 16, 2026, APLD ComputeCo 3 LLC refinanced the Bridge Facility with the closing of a $ 1.59 billion offering”
2026-07-28 · Applied Digital 10-K filed 2026-07-29 View cached copy (2026-08-30)Live source ↗

Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

APLD ComputeCo 3 LLC priced an offering of $1.59 billion aggregate principal amount of 7.000% senior secured notes due 2031 at 100%, with expected close around June 16, 2026

Source (primary)

Applied Digital 8-K filed 2026-06-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-30)Live source ↗

Quote: “priced its offering of $1.59 billion aggregate principal amount of 7.000% senior secured notes due 2031 (the "Offering") at an issue price of 100%. The Offering is expected to close on or around June 16, 2026”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

Applied Digital's June 9, 2026 Form 8-K states each element of the claim: the issuer, the amount, the coupon, the maturity, the issue price and the expected closing date.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315226027979/form8-k.htm) in full (6,026 characters, retrieved August 30, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K filed 2026-06-09

Quote: “priced its offering of $1.59 billion aggregate principal amount of 7.000% senior secured notes due 2031 (the "Offering") at an issue price of 100%. The Offering is expected to close on or around June 16, 2026”

View cached copy (2026-08-30)Live source ↗

confirms applied-digital 8-K exhibit (ex99-1.htm)

Quote: “has priced a $1.59 billion offering (the "Offering") of 7.000% senior secured notes due 2031 (the "Notes") at par... The Offering is expected to close on or around June 16, 2026, subject to market and other conditions.”

View cached copy (2026-09-06)Live source ↗

confirms Applied Digital 10-K filed 2026-07-29

Quote: “On June 16, 2026, APLD ComputeCo 3 LLC refinanced the Bridge Facility with the closing of a $ 1.59 billion offering”

View cached copy (2026-08-30)Live source ↗

Record of changes

August 31, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 1, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.