Interest rate of SOFR plus 2.50% margin per annum
Company: Core Scientific
The claim, verbatim
Loans bear interest at term SOFR (subject to 0% floor) plus an applicable margin of 2.50% per annum
Source (primary)
Core Scientific 8-K filed 2026-03-06 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Loans under the Term Loan Facility bear interest at a rate equal to term SOFR (subject to a 0% floor), plus an applicable margin of 2.50% per annum.”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The filing states that loans bear interest at term SOFR, with a 0% floor, plus a 2.50% annual margin.
Confirmed in the source:
- Loans bear interest at term SOFR subject to a 0% floor
- The applicable margin is 2.50% per annum
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828026015622/core-20260304.htm) in full (8,883 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 8-K filed 2026-03-06
Quote: “Loans under the Term Loan Facility bear interest at a rate equal to term SOFR (subject to a 0% floor), plus an applicable margin of 2.50% per annum.”