CoreWeave, Inc. has completed a private offering of an additional $1.0 billion in aggregate principal amount of its 9.750% Senior Notes due 2031. This issuance is an add-on to a previous offering, bringing the total outstanding principal amount of these notes to $2.75 billion.
Key Details
- Offering Size: $1.0 billion in additional senior notes, raising the total for this series to $2.75 billion.
- Terms: The notes carry a 9.750% annual interest rate, mature on October 1, 2031, and were issued at 102.000% of the principal amount.
- Use of Proceeds: The net proceeds are intended for general corporate purposes, including the potential repayment of outstanding indebtedness and related fees.