---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-015622"
form_type: "8-K"
ticker: "CORZ"
cik: "0001839341"
company_name: "Core Scientific, Inc./tx"
filed_at: "2026-03-06T23:59:59+00:00"
generated_at: "2026-05-15T18:55:47.485810+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-26-015622
- form_type: 8-K
- ticker: CORZ
- cik: 0001839341
- company_name: Core Scientific, Inc./tx
- filed_at: 2026-03-06T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839341/000162828026015622/0001628280-26-015622-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839341/000162828026015622/core-20260304.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-015622
- JSON: https://secwatch.observer/filing/0001628280-26-015622.json
- Plain text: https://secwatch.observer/filing/0001628280-26-015622.txt

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