debt
confidence high
sentiment neutral
materiality 0.60
Riot Platforms subsidiary secures $573M credit facility for Rockdale data center project
Riot Platforms, Inc.
- Riot DC Logistics LLC entered $573M senior secured delayed-draw term loan facility on Aug 10, 2026.
- Proceeds fund long-lead equipment and expenses for 191 critical IT MW data center at Rockdale Facility.
- Interest at Adjusted Term SOFR + 2.75% or Base Rate + 1.75%; matures Dec 31, 2026.
- Facility secured by substantially all assets of Credit Parties; non-recourse to Riot Platforms parent.
- Guaranteed by RPI AUS01-0H DC LLC and borrower subsidiaries; customary covenants and events of default.