Nebius Group is trading 5.3% up now at $187.15 after announcing an oversubscribed $775 million senior secured debt facility to fund AI cloud expansion without new share issuance.
- The GPU-backed loan, led by MUFG with participation from Goldman Sachs, provides fully funded capex for global AI infrastructure and eases investor fears regarding equity dilution.
- The financing deal drew strong interest despite recent tech-sector turbulence, securing the capital needed for the company's aggressive infrastructure buildout.