StockWatch
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Computer Software: Prepackaged Software
Loan & DebtApr 21, 2026, 04:12 PM

CoreWeave Completes $1B Senior Notes Offering at 9.750%

AI Summary

CoreWeave, Inc. has completed a private offering of $1,000,000,000 aggregate principal amount of 9.750% Senior Notes due 2031. These "Additional Notes" were issued at 102.000% of their principal amount and form a single class with previously issued notes, bringing the total outstanding to $2,750,000,000. The company plans to use the proceeds for general corporate purposes, including repayment of existing indebtedness.

Key Highlights

  • Issued $1 billion in 9.750% Senior Notes due 2031.
  • Notes issued at 102.000% of principal amount.
  • Total outstanding Senior Notes now $2.75 billion.
  • Proceeds for general corporate purposes and debt repayment.