Galaxy Digital Prices $3.5B Senior Secured Notes to Fund Texas Data Center Project

Galaxy Digital's subsidiary, Galaxy Helios Data Centers II LLC, announced the pricing of a $3.507 billion private offering of senior secured notes. The net proceeds are intended to finance the development and construction of a new data center project in Texas, supporting the company's expansion in data infrastructure.

Key Details

• Offering: $3.507 billion aggregate principal amount of 9.875% Senior Secured Notes due 2031.
• Use of Proceeds: To fund the construction of two data center buildings in Dickens County, Texas, with a planned 400 MW of utility capacity and 260 MW of critical IT capacity.
• Timeline: The offering is expected to close on July 28, 2026, subject to market and customary closing conditions.