$600M senior secured credit facilities
Company: Core Scientific
The claim, verbatim
Core Scientific secured US$600 million in committed senior secured credit facilities, consisting of a US$100 million revolving credit line and a US$500 million letter of credit facility, backed by first-priority liens on substantially all company and guarantor assets.
Source (primary)
Core Scientific (CORZ) Is Down 5.6% After Securing $600M In New Credit Facilities And Liquidity Release - simplywall.st (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗
Quote: “Core Scientific, Inc. secured US$600 million in committed senior secured credit facilities, including a US$100 million revolving credit line and a US$500 million letter of credit facility, which are backed by first-priority liens on substantially all company and guarantor assets”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article states each element of the $600 million financing directly, and the two components add up to the full amount.
Confirmed in the source:
- Core Scientific secured US$600 million in committed senior secured credit facilities
- The facilities include a US$100 million revolving credit line
- The facilities include a US$500 million letter of credit facility
- The facilities are backed by first-priority liens on substantially all company and guarantor assets
What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-corz/core-scientific/news/core-scientific-corz-is-down-56-after-securing-600m-in-new-c/amp) in full (7,754 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific (CORZ) Is Down 5.6% After Securing $600M In New Credit Facilities And Liquidity Release - simplywall.st
Quote: “Core Scientific, Inc. secured US$600 million in committed senior secured credit facilities, including a US$100 million revolving credit line and a US$500 million letter of credit facility, which are backed by first-priority liens on substantially all company and guarantor assets”
confirms Core Scientific (CORZ) Is Down 5.6% After Securing $600M In New Credit Facilities And Liquidity Release - simplywall.st
Quote: “On 27 August 2026, Core Scientific, Inc. secured US$600 million in committed senior secured credit facilities, including a US$100 million revolving credit line and a US$500 million letter of credit facility, which are backed by first-priority liens on substantially all company and guarantor assets.”