---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-227562"
form_type: "8-K"
ticker: "CRWV"
cik: "0001769628"
company_name: "CoreWeave, Inc."
filed_at: "2025-10-02T23:59:59+00:00"
generated_at: "2026-05-17T04:56:57.583441+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CoreWeave adds $3.0B delayed draw term loan for equipment financing

## Summary
- Amendment adds $3.0 billion tranche to existing DDTL 2.0 Credit Agreement; available until March 2026.
- Borrowings mature five years after each draw; proceeds used for equipment/hardware for customer services.
- New term SOFR loans carry interest at 4.25% plus term SOFR (vs prior non-investment-grade 13% + SOFR).
- Upfront fee 1.50% on funded amounts; commitment fee 3% on undrawn portion above $2.4 billion.
- Conditions include no material adverse effect since Dec 31, 2024 and representations being true.

## SEC filing metadata
- accession: 0001193125-25-227562
- form_type: 8-K
- ticker: CRWV
- cik: 0001769628
- company_name: CoreWeave, Inc.
- filed_at: 2025-10-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1769628/000119312525227562/0001193125-25-227562-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1769628/000119312525227562/d910811d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-227562
- JSON: https://secwatch.observer/filing/0001193125-25-227562.json
- Plain text: https://secwatch.observer/filing/0001193125-25-227562.txt

## Key facts
- Debt Financings
  CoreWeave, Inc. incurred term loan of $3.0 billion with U.S. Bank Trust Company, National Association at 4.25% plus the term SOFR for a three-month interest period maturing five years after the date of such draw.
  - Instrument: term loan
  - Principal: $3.0 billion
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 4.25% plus the term SOFR for a three-month interest period
  - Maturity: five years after the date of such draw
  - Event: incurrence
  source text: The Fifth Amendment adds an incremental $3.0 billion tranche of delayed draw term loans (the “Fifth Amendment DDTL”) to the DDTL 2.0 Credit Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1769628/000119312525227562/0001193125-25-227562-index.htm

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