$550M revolving credit facility
Company: Applied Digital
The claim, verbatim
Closed $550 million revolving credit facility ($350 million committed plus $200 million accordion) arranged by Goldman Sachs, maturing May 2029, to support pre- and post-lease development.
Source (primary)
EX-99.1 (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗
Quote: “Closed a revolving credit facility of up to $550 million ($350 million committed + $200 million accordion ), arranged by Goldman Sachs and maturing in May 2029, to support pre- and post-lease development across campuses.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The release states every element of this claim in its Recent Highlights section.
Confirmed in the source:
- Applied Digital closed a revolving credit facility of up to $550 million
- The facility consists of $350 million committed plus a $200 million accordion
- The facility was arranged by Goldman Sachs
- The facility matures in May 2029
- The facility supports pre- and post-lease development
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001144879-26-000044/apldq426earningsreleaseasf.htm) in full (54,584 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms EX-99.1
Quote: “Closed a revolving credit facility of up to $550 million ($350 million committed + $200 million accordion ), arranged by Goldman Sachs and maturing in May 2029, to support pre- and post-lease development across campuses.”
confirms View PDF
Quote: “Closed a revolving credit facility of up to $550 million ($350 million committed + $200 million accordion), arranged by Goldman Sachs and maturing in May 2029, to support pre- and post-lease development across campuses.”