$300M senior secured bridge facility
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
Closed $300 million senior secured bridge facility led by Goldman Sachs to support 150 MW fourth building development at Polaris Forge 1.
Source (primary)
EX-99.1 (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗
Quote: “Closed a $300 million senior secured bridge facility led by Goldman Sachs to support development of the fourth building (150 MW) at Polaris Forge 1 (which has been repaid with the proceeds from the Senior Secured Notes Offering described below).”
How we checked this
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Additional evidence
confirms EX-99.1
Quote: “Closed a $300 million senior secured bridge facility led by Goldman Sachs to support development of the fourth building (150 MW) at Polaris Forge 1 (which has been repaid with the proceeds from the Senior Secured Notes Offering described below).”