---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-165121"
form_type: "8-K"
ticker: "CORZ"
cik: "0001839341"
company_name: "Core Scientific, Inc./tx"
filed_at: "2026-04-21T23:59:59+00:00"
generated_at: "2026-05-15T05:09:20.780028+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Core Scientific proposes $3.3B senior secured notes due 2031 to repay bridge loans

## Summary
- Offering of $3.3B aggregate principal amount of senior secured notes due 2031 by subsidiary Core Scientific Finance I LLC.
- Net proceeds to repay outstanding delayed draw term loans under March 2026 credit facility; remainder distributed to parent.
- Notes guaranteed by five project subsidiaries and secured by first-priority liens on assets and equity interests.
- Restructuring transfers data center assets to project subsidiaries; projects licensed to CoreWeave expected to generate ~$10B revenue.
- Projects target ~590 MW critical IT capacity; ~$4.4B of $5.5B estimated capex already contributed.

## SEC filing metadata
- accession: 0001193125-26-165121
- form_type: 8-K
- ticker: CORZ
- cik: 0001839341
- company_name: Core Scientific, Inc./tx
- filed_at: 2026-04-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839341/000119312526165121/0001193125-26-165121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839341/000119312526165121/d149019d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-165121
- JSON: https://secwatch.observer/filing/0001193125-26-165121.json
- Plain text: https://secwatch.observer/filing/0001193125-26-165121.txt

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