CoreWeave closes $3.1 billion loan facility for AI infrastructure

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CoreWeave Closes $3.1 Billion Loan Facility, Expanding Access to Public Markets for GPU-Backed Financing

May 18, 2026 4:05 PM EDT

First publicly syndicated HPC-backed delayed draw term loan facility, significantly expanding investor base for AI infrastructure financing. Facility supports deployment of infrastructure dedicated to two customer contracts. Meaningfully oversubscribed transaction with exceptional investor demand, pricing by 50 basis points during syndication. Ba2 ratings from Moodys and BB+ from Fitch, further validating the emerging asset class for AI infrastructure financing.

LIVINGSTON, N.J.--(BUSINESS... More