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Add as a preferred source on GoogleCoreWeave Seeks $4 Billion Loan Backed by Equipment and Meta Contracts
The proposed collateral includes CoreWeave's computing equipment and contracts with Meta. The effort follows an $8.5 billion financing round in March.
CoreWeave is seeking a $4 billion loan secured by its computing equipment and contracts with Meta. The proposed collateral would tie the borrowing to both infrastructure assets and customer agreements.
Morgan Stanley and MUFG are facilitating the financing, though their roles are unspecified. The effort follows an $8.5 billion financing round in March, and CoreWeave remains speculative-grade.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.