Term loan increase via credit agreement amendment
Company: Core Scientific
The claim, verbatim
Entered Amendment No. 1 to Delayed-Draw Bridge Credit Agreement with Morgan Stanley Senior Funding, Inc. and JPMorgan Chase Bank, N.A., increasing term loan commitments by $500.0 million to $1.0 billion total, with full incremental commitment borrowed on March 18, 2026
Source (primary)
Core Scientific 8-K filed 2026-03-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “to increase the term loan commitments thereunder by $500.0 million, to $1.0 billion total, pursuant to the accordion feature of the Initial Credit Agreement. The Company borrowed the full $500.0 incremental commitment on the Closing Date.”
How we checked this
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Additional evidence
confirms Core Scientific 8-K filed 2026-03-23
Quote: “to increase the term loan commitments thereunder by $500.0 million, to $1.0 billion total, pursuant to the accordion feature of the Initial Credit Agreement. The Company borrowed the full $500.0 incremental commitment on the Closing Date.”