CoreWeave announced its intention to offer $3.5 billion (or euro equivalents) in aggregate principal amount of senior unsecured notes due 2032. The private offering will be made to qualified institutional buyers and non-U.S. persons, with proceeds intended for general corporate purposes.
Key Details
- Offering Size: $3.5 billion in aggregate principal amount of dollar-denominated and euro-denominated senior unsecured notes.
- Maturity & Terms: The notes are due in 2032 and will be guaranteed on a senior unsecured basis by certain of the company's wholly-owned subsidiaries.
- Use of Proceeds: Funds will be used for general corporate purposes, which may include the repayment of outstanding debt and funding capital expenditures.