Delayed Draw Term Loan Facility
Company: IREN
The claim, verbatim
Hardware 3 entered into a delayed draw term loan facility of approximately $1.5 billion dated May 29, 2026, with availability until May 29, 2027 and maturity December 31, 2031
Source (primary)
IREN 8-K filed 2026-06-01 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “an approximately $1.5 billion delayed draw term loan facility (the "DDTL") pursuant to a credit agreement (the "Credit Agreement")”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms IREN 8-K filed 2026-06-01
Quote: “an approximately $1.5 billion delayed draw term loan facility (the "DDTL") pursuant to a credit agreement (the "Credit Agreement")”
Record of changes
September 1, 2026 — statedlater found incorrect
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 1, 2026 — withdrawnlater found incorrect
Evidence review against the cited source. The source supports the $1.5B DDTL amount and May 29, 2026 date, but the provided excerpt does not contain the specific availability date (May 29, 2027) or confirm the December 31, 2031 maturity for the DDTL (that date appears in the source only for the Notes facility).
September 2, 2026 — stated
Correction after re-verification. Re-verification found the cited source does support this claim. The earlier withdrawal was made in error and has been reversed. The attributed quote appears verbatim in the cited source (deterministic check).