Loan & DebtJun 18, 2026, 04:13 PM
CoreWeave issues $1.25B USD & €2.0B EUR Senior Notes due 2032
AI Summary
CoreWeave, Inc. completed a private offering of $1,250 million in 9.625% USD Senior Notes and €2,000 million in 8.500% EUR Senior Notes, both due July 15, 2032. The company intends to use the proceeds for general corporate purposes, including repayment of outstanding indebtedness and covering offering expenses. The notes are guaranteed by certain subsidiaries and include customary covenants and redemption provisions.
Key Highlights
- CoreWeave completed a private offering of $1,250 million in USD Senior Notes.
- The company also issued €2,000 million in EUR Senior Notes.
- Both series of Senior Notes mature on July 15, 2032.
- USD Notes bear interest at 9.625% per annum, payable semi-annually.
- EUR Notes bear interest at 8.500% per annum, payable semi-annually.
- Proceeds will be used for general corporate purposes, including debt repayment.
- Notes are callable by CoreWeave prior to July 15, 2029, with a make-whole premium.
- Covenants limit additional indebtedness, restricted payments, and asset sales.
Price Impact
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