Nebius Group N.V. (Nasdaq: NBIS) raised approximately $775 million through its first senior secured debt facility. MUFG led the oversubscribed financing as the structuring agent.
The company will use the capital to accelerate the global expansion of its full-stack AI cloud platform. Deployed GPU infrastructure and contracted cash flows from an investment-grade customer secure the debt.
Nebius reports over $40 billion in additional contracted revenue from customers including Microsoft and Meta. The company expects to raise further capital on similar terms.