debt
confidence high
sentiment neutral
materiality 0.80
Hut 8 subsidiary prices $3.25B 6.192% senior secured notes due 2042 for River Bend data center
Hut 8 Corp.
- $3.25B aggregate principal of 6.192% senior secured notes due Nov 2042, fully amortizing.
- Proceeds to finance 245 MW critical IT capacity data center at Hut 8's River Bend campus.
- Notes are non-recourse to Hut 8; secured by first-priority liens on subsidiary assets.
- Offering expected to close April 30, 2026, subject to market conditions.
- Semi-annual interest begins Nov 15, 2026; amortization starts May 15, 2028.