debt
confidence high
sentiment neutral
materiality 0.50
CoreWeave upsizes senior notes offering to $2B at 9.25%, due 2030
CoreWeave, Inc.
- Aggregate principal $2,000M, up $500M from previously announced size.
- Coupon 9.250%, maturity June 1, 2030, closing expected May 27, 2025.
- Notes issued at par, senior unsecured, guaranteed by CoreWeave Cash Management LLC.
- Proceeds for general corporate purposes, including repayment of outstanding indebtedness.
- Offered to QIBs under Rule 144A and to non-U.S. persons under Reg S.
item 7.01item 9.01