$300 million senior secured bridge facility
Company: Applied Digital
The claim, verbatim
APLD closed a $300 million senior secured bridge facility to fund ongoing AI data center development
Source (primary)
APLD Stock Rallies After Hours On Massive New $7.5 Billion Hyperscaler Lease: Retail Think Firm Should Be Worth More Than Rival IREN - Stocktwits (-, news_article)
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Quote: “closed a $300 million senior secured bridge facility to fund ongoing AI data center development”
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Additional evidence
confirms APLD Stock Rallies After Hours On Massive New $7.5 Billion Hyperscaler Lease: Retail Think Firm Should Be Worth More Than Rival IREN - Stocktwits
Quote: “closed a $300 million senior secured bridge facility to fund ongoing AI data center development”