$2.6 billion delayed draw term loan facility
Company: CoreWeave
The claim, verbatim
CoreWeave's subsidiaries CCAC V and CCAC VII entered into a credit agreement providing for a $2.6 billion delayed draw term loan facility to finance capital expenditures for GPU servers and related infrastructure required to perform a customer contract.
Source (primary)
CoreWeave 8-K filed 2025-07-31 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “providing for a $2.6 billion delayed draw term loan facility (the "DDTL 3.0 Facility"). The DDTL 3.0 Facility was entered into primarily to finance capital expenditures required to perform a customer contract, including the acquisition of GPU servers and related infrastructure.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The 8-K states that the two CoreWeave subsidiaries entered into a $2.6 billion delayed draw term loan facility, primarily to finance capital expenditures for a customer contract, including GPU servers and related infrastructure.
Confirmed in the source:
- CCAC V and CCAC VII are subsidiaries of CoreWeave, Inc. (CCAC V direct, CCAC VII indirect)
- CCAC V and CCAC VII entered into a credit agreement as borrowers
- The credit agreement provides for a $2.6 billion delayed draw term loan facility
- The facility was entered into to finance capital expenditures required to perform a customer contract, including GPU servers and related infrastructure
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1769628/000176962825000033/crwv-20250728.htm) in full (8,848 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CoreWeave 8-K filed 2025-07-31
Quote: “providing for a $2.6 billion delayed draw term loan facility (the "DDTL 3.0 Facility"). The DDTL 3.0 Facility was entered into primarily to finance capital expenditures required to perform a customer contract, including the acquisition of GPU servers and related infrastructure.”