secwatch / observer
8-K filed March 31, 2026, 7:59 PM ET ticker CRWV CIK 0001769628
debt confidence high sentiment positive materiality 0.85

CoreWeave, Inc. (CRWV): debt financing — CoreWeave closes $8.5B DDTL with investment-grade A3/A rating

CoreWeave, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CoreWeave, Inc. incurred term loan of $8.5 billion delayed draw term loan facility with MUFG Bank, Ltd., as administrative agent at daily compounded SOFR (subject to a 0.00% floor) plus an applicable margin of 2. maturing March 31, 2032.

Instrument
term loan
Principal
$8.5 billion delayed draw term loan facility
Counterparty
MUFG Bank, Ltd., as administrative agent
Rate
daily compounded SOFR (subject to a 0.00% floor) plus an applicable margin of 2.
Maturity
March 31, 2032
Event
incurrence
Exact text from the filing
On March 30, 2026, CoreWeave Compute Acquisition Co. VIII, LLC (“CCAC VIII” or the “Borrower”), a Delaware limited liability company and an indirect subsidiary of CoreWeave, Inc., a Delaware corporation (the “Parent”), entered into a credit agreement (the “Credit Agreement”) with MUFG Bank, Ltd., as administrative agent, U.S. Bank Trust Company, National Association as collateral agent, U.S. Bank National Association, as depository bank, MUFG Bank, Ltd. and Morgan Stanley Asset Funding, Inc., as coordinating lead arrangers and joint bookrunners, and the lenders party thereto, providing for an $8.5 billion delayed draw term loan facility (the “DDTL 4.0 Facility”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CoreWeave, Inc. entered into Credit Agreement with MUFG Bank, Ltd., as administrative agent, U.S. Bank Trust Company, National Association as collateral agent, U.S. Bank National Association, as depository bank, MUFG Bank, Ltd. and Morgan Stanley Asset Funding, Inc., as coordinating lead arrangers and joint bookrunners, and the lenders party thereto valued at $8.5 billion (effective 2026-03-30).

Action
entry
Agreement
credit facility
Counterparty
MUFG Bank, Ltd., as administrative agent, U.S. Bank Trust Company, National Association as collateral agent, U.S. Bank National Association, as depository bank, MUFG Bank, Ltd. and Morgan Stanley Asset Funding, Inc., as coordinating lead arrangers and joint bookrunners, and the lenders party thereto
Value
$8.5 billion
Effective
2026-03-30
Exact text from the filing
On March 30, 2026, CoreWeave Compute Acquisition Co. VIII, LLC (“CCAC VIII” or the “Borrower”), a Delaware limited liability company and an indirect subsidiary of CoreWeave, Inc., a Delaware corporation (the “Parent”), entered into a credit agreement (the “Credit Agreement”) with MUFG Bank, Ltd., as administrative agent, U.S. Bank Trust Company, National Association as collateral agent, U.S. Bank National Association, as depository bank, MUFG Bank, Ltd. and Morgan Stanley Asset Funding, Inc., as coordinating lead arrangers and joint bookrunners, and the lenders party thereto, providing for an $8.5 billion delayed draw term loan facility (the “DDTL 4.0 Facility”).
View on SEC.gov

10 debt financings filed in the last 30 days. Browse all debt financings →

CoreWeave, Inc. filing history →

Source: SEC EDGAR
accession 0001769628-26-000129
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