APLD ELN-02 Holdings $150 million senior secured debt from Macquarie Equipment Capital
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
APLD ELN-02 Holdings LLC (Ellendale facility subsidiary) closed a $150 million senior secured debt financing with Macquarie Equipment Capital, Inc., with Promissory Note issued November 27, 2024
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “APLD ELN-02 Holdings LLC, a subsidiary of Applied Digital, closed a $150 million senior secured debt financing with Macquarie Equipment Capital, Inc., a division of Macquarie Groups Commodities and Global Markets' business. APLD ELN-02 Holdings LLC issued a Promissory Note for the full $150 million in gross proceeds on November 27, 2024”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “APLD ELN-02 Holdings LLC, a subsidiary of Applied Digital, closed a $150 million senior secured debt financing with Macquarie Equipment Capital, Inc., a division of Macquarie Groups Commodities and Global Markets' business. APLD ELN-02 Holdings LLC issued a Promissory Note for the full $150 million in gross proceeds on November 27, 2024”