Core Scientific secures $500M Morgan Stanley loan facility, accordion to $1B

Core Scientific, Inc./tx

Initial $500M 364-day term loan facility with Morgan Stanley; interest SOFR + 2.50%.
Accordion feature allows increase of commitments by up to an additional $500M.
Proceeds will fund data center development, including equipment, real property, and pre-development costs.
Company borrowed full $500M on March 5, 2026; proceeds used for general corporate purposes per agreement.

item 1.01 item 2.03 item 8.01 item 9.01

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ticker: CORZ
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company_name: Core Scientific, Inc./tx
filed_at: 2026-03-06T23:59:59+00:00
discovered_at: 2026-05-14T18:02:36.478952+00:00
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accession 0001628280-26-015622

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