Senior secured credit facilities
Company: Core Scientific
The claim, verbatim
Core Scientific entered into $600 million of committed senior secured credit facilities, consisting of a $100 million revolving credit facility and $500 million letter of credit facility
Source (primary)
Core Scientific Secures $600 Million of Senior Secured Credit Facilities - Core Scientific (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗
Quote: “it has entered into $600 million of committed senior secured credit facilities, consisting of a $100 million revolving credit facility and $500 million letter of credit facility”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
Core Scientific's August 27, 2026 press release states it entered into $600 million of committed senior secured credit facilities made up of a $100 million revolver and a $500 million letter of credit facility.
Confirmed in the source:
- Core Scientific entered into $600 million of committed senior secured credit facilities
- The facilities consist of a $100 million revolving credit facility
- The facilities consist of a $500 million letter of credit facility
What we did: Read our cached copy of the publisher (https://investors.corescientific.com/news-events/press-releases/detail/143/core-scientific-secures-600-million-of-senior-secured-credit-facilities) in full (8,112 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific Secures $600 Million of Senior Secured Credit Facilities - Core Scientific
Quote: “it has entered into $600 million of committed senior secured credit facilities, consisting of a $100 million revolving credit facility and $500 million letter of credit facility”
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.”
confirms Core Scientific Secures New $600 Million Credit Facilities - The Globe and Mail
Quote: “On August 25, 2026, Core Scientific Inc . entered into a senior secured credit agreement establishing a $100 million revolving credit facility and a $500 million letter-of-credit facility”
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.”
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Quote: “Core Scientific, Inc. Secures $600 Million Of Senior Secured Credit Facilities”
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Quote: “Core Scientific Secures $600 Million of Senior Secured Credit Facilities”
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Quote: “Core Scientific, Inc. Secures $600 Million Of Senior Secured Credit Facilities”