---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-111154"
form_type: "8-K"
ticker: "HUT"
cik: "0001964789"
company_name: "Hut 8 Corp."
filed_at: "2026-09-28T11:30:28+00:00"
generated_at: "2026-10-12T13:30:13.242227+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hut 8 closes $1.07B four-year senior secured revolver led by JPMorgan; undrawn at closing

## Summary
- Credit Agreement dated September 24, 2026 gives Hut 8 a $1.07B senior secured revolving facility, including a $1.07B letter-of-credit sublimit; no amounts outstanding at closing.
- Pricing at Adjusted Term SOFR (0.00% floor) plus 1.50%-2.00%, or ABR plus 0.50%-1.00%; initial margins 1.750% and 0.750%, based on consolidated total debt-to-market-cap ratio.
- Minimum liquidity covenant from quarter ending March 31, 2027: 40% of aggregate commitments before the Stabilization Date, 25% after; equity cure rights included.
- Obligations guaranteed by restricted subsidiaries and secured by a first-priority lien on substantially all assets; syndicate of 12 lenders with JPMorgan as administrative and collateral agent.
- CFO Sean Glennan cites over $1B of committed non-dilutive parent-level liquidity, after $7.5B of investment-grade project financing for River Bend and Beacon Point AI data centers.

## SEC filing metadata
- accession: 0001104659-26-111154
- form_type: 8-K
- ticker: HUT
- cik: 0001964789
- company_name: Hut 8 Corp.
- filed_at: 2026-09-28T11:30:28+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1964789/000110465926111154/0001104659-26-111154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1964789/000110465926111154/tm2625691d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-111154
- JSON: https://secwatch.observer/filing/0001104659-26-111154.json
- Plain text: https://secwatch.observer/filing/0001104659-26-111154.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.