Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Fermi Inc. incurred credit facility of up to $500,000,000 with MUFG Bank, Ltd. at Term SOFR rate for the applicable interest period plus 4.0% per annum, or Daily maturing eighteen-month anniversary of the Closing Date.
- Instrument
- credit facility
- Principal
- up to $500,000,000
- Counterparty
- MUFG Bank, Ltd.
- Rate
- Term SOFR rate for the applicable interest period plus 4.0% per annum, or Daily
- Maturity
- eighteen-month anniversary of the Closing Date
- Event
- incurrence
Exact text from the filing
capacity, “Administrative Agent”) and sole lender. The Credit Agreement provides for a senior secured equipment loan warehouse facility in an aggregate principal amount of up to $500,000,000 (the “Total Loan Commitment”). Borrowings under the Credit Agreement may be made from the Closing Date through the nine-month anniversary of the Closing Date. Each loan under the
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Fermi Inc. entered into Credit Agreement with MUFG Bank, Ltd. valued at $500,000,000 (effective 2026-02-10).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- MUFG Bank, Ltd.
- Value
- $500,000,000
- Effective
- 2026-02-10
Exact text from the filing
and sole lender. The Credit Agreement provides for a senior secured equipment loan warehouse facility in an aggregate principal amount of up to $500,000,000
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