---
schema_version: "secwatch.filing_event.v1"
accession: "0001769628-26-000129"
form_type: "8-K"
ticker: "CRWV"
cik: "0001769628"
company_name: "CoreWeave, Inc."
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:12:12.536348+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CoreWeave closes $8.5B DDTL with investment-grade A3/A rating

## Summary
- $8.5B delayed draw term loan; initial borrowing capacity ~$7.5B, expandable to $8.5B as assets stabilize.
- First HPC infrastructure facility rated investment grade: Moody's A3, DBRS A (low).
- Floating rate at SOFR+2.25%, fixed rate ~5.9%; matures March 2032; oversubscribed with broad institutional participation.
- Funds capex for a customer contract with a leading AI enterprise, expanding CoreWeave's AI cloud footprint.
- Total debt and equity financing commitments ~$28B in the past 12 months; facility reduces cost of capital.

## SEC filing metadata
- accession: 0001769628-26-000129
- form_type: 8-K
- ticker: CRWV
- cik: 0001769628
- company_name: CoreWeave, Inc.
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1769628/000176962826000129/0001769628-26-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1769628/000176962826000129/crwv-20260330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001769628-26-000129
- JSON: https://secwatch.observer/filing/0001769628-26-000129.json
- Plain text: https://secwatch.observer/filing/0001769628-26-000129.txt

## Source-grounded claims
- claim_id: 797095c0558faf151321c948d64df8fb6e4c35e2
  claim: 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.
  evidence_excerpt: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1769628/000176962826000129/0001769628-26-000129-index.htm
- claim_id: 0056a9a79ca0186f686ce857d36c49255a694fd5
  claim: 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).
  evidence_excerpt: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1769628/000176962826000129/0001769628-26-000129-index.htm

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