Senior Secured Notes Offering
Company: Applied Digital
The claim, verbatim
$2.35 billion offering of 9.250% senior secured notes due 2030 at issue price of 97.000% closed by subsidiary APLD ComputeCo
Source (primary)
Applied Digital S-3 filed 2025-12-05 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On November 20, 2025, our subsidiary APLD ComputeCo LLC ("APLD ComputeCo") closed a $2.35 billion offering (the "Notes Offering") of 9.250% senior secured notes due 2030 (the "Notes") at an issue price of 97.000%.”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
Every element of this claim — issuer, size, coupon, maturity year and issue price — appears in the Notes Offering section of the prospectus.
Confirmed in the source:
- APLD ComputeCo LLC, a subsidiary of Applied Digital, closed the Notes Offering on November 20, 2025
- The offering totaled $2.35 billion of 9.250% senior secured notes due 2030
- The notes were issued at an issue price of 97.000%
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225026369/forms-3.htm) in full (89,712 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-3 filed 2025-12-05
Quote: “On November 20, 2025, our subsidiary APLD ComputeCo LLC ("APLD ComputeCo") closed a $2.35 billion offering (the "Notes Offering") of 9.250% senior secured notes due 2030 (the "Notes") at an issue price of 97.000%.”