CoreWeave seeks $4bn investment-grade loan backed by GPUs
Bloomberg reports CoreWeave plans to raise at least $4bn via an investment-grade loan led by Morgan Stanley and MUFG, priced at 7%-7.5%.
What we know
Bloomberg reports CoreWeave plans to raise at least $4bn through an investment-grade loan backed by GPUs and customer contracts. Pricing is seen at 7%-7.5%, about half the yield on its junk bonds.
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“CoreWeave $CRWV plans to raise at least $4B through an investment-grade loan, Bloomberg reports”
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