IREN closes $3.65bn investment-grade GPU financing for Microsoft contract
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IREN Closes $3.65bn Investment-Grade GPU Financing
June 1, 2026 7:07 AM EDTNEW YORK, June 01, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (IREN) today announced it has closed a $3.65bn investment-grade GPU financing facility to support the delivery of its AI Cloud contract with Microsoft.
Highlights
Highest publicly rated investment-grade GPU financing announced$3.65bn facility at blended cost of debt of 6.00%:1 $2.10bn U.S. private placement at a fixed rate equivalent to... More