DDTL 5.0 interest rates and undrawn fees
Company: CoreWeave
The claim, verbatim
SOFR loans carry interest at daily compounded SOFR plus 4.50% per annum; base rate loans carry interest at base rate plus 3.50% per annum; undrawn fees are 0.50% per annum on average daily undrawn portion
Source (primary)
CoreWeave 8-K filed 2026-05-18 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Amounts borrowed under the DDTL 5.0 Facility are subject to an interest rate per annum equal to (i) for SOFR loans, daily compounded SOFR (subject to a 0.00% floor) plus an applicable margin of 4.50% per annum, and (ii) for base rate loans, the base rate (determined by reference to the highest of (A) the prime rate, (B) the federal funds effective rate plus 0.50% and (C) daily simple SOFR plus 1.00%) (subject to a 0.00% floor), plus an applicable margin of 3.50% per annum. The DDTL 5.0 Facility provides for payment of, among others, undrawn fees in an amount equal to 0.50% per annum on the average daily undrawn portion of the DDTL 5.0 Facility, which undrawn fees are payable monthly in arrears.”
How we checked this
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Additional evidence
confirms CoreWeave 8-K filed 2026-05-18
Quote: “Amounts borrowed under the DDTL 5.0 Facility are subject to an interest rate per annum equal to (i) for SOFR loans, daily compounded SOFR (subject to a 0.00% floor) plus an applicable margin of 4.50% per annum, and (ii) for base rate loans, the base rate (determined by reference to the highest of (A) the prime rate, (B) the federal funds effective rate plus 0.50% and (C) daily simple SOFR plus 1.00%) (subject to a 0.00% floor), plus an applicable margin of 3.50% per annum. The DDTL 5.0 Facility provides for payment of, among others, undrawn fees in an amount equal to 0.50% per annum on the average daily undrawn portion of the DDTL 5.0 Facility, which undrawn fees are payable monthly in arrears.”