secwatch.observer — SEC 8-K summary
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Issuer:     CoreWeave, Inc. (CRWV)
CIK:        0001769628
Form:       8-K
Filed at:   2025-10-02T23:59:59+00:00
Accession:  0001193125-25-227562
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1769628/000119312525227562/0001193125-25-227562-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1769628/000119312525227562/d910811d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-227562

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