CoreWeave, Inc. (CRWV): debt financing — CoreWeave issues $5.75B in notes: $1.75B senior + $4B convertible; enters capped calls

CoreWeave, Inc.

Issued $1.75B 9.750% Senior Notes due 2031 and $4B 1.75% Convertible Notes due 2032.
Convertible notes convertible at $119.60/sh (130% premium over $92.00); conversion capped at 43.5M shares.
Capped call transactions purchased for $492M to offset dilution, cap price $230/sh (150% premium).
Net proceeds from convertible offering $3.94B; used for capped calls and general corporate purposes.

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 senior notes of $1,750,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 9.750% per annum maturing October 1, 2031.

Instrument: senior notes
Principal: $1,750,000 aggregate principal amount
Counterparty: U.S. Bank Trust Company, National Association
Rate: 9.750% per annum
Maturity: October 1, 2031
Event: incurrence

Exact text from the filing

On April 14, 2026, CoreWeave, Inc. (“CoreWeave”) completed its previously announced private offering of $1,750,000 aggregate principal amount of its 9.750% Senior Notes due 2031

View on SEC.gov

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

CoreWeave, Inc. incurred convertible notes of $4,000,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 1.75% per year maturing October 1, 2032.

Instrument: convertible notes
Principal: $4,000,000,000 aggregate principal amount
Counterparty: U.S. Bank Trust Company, National Association
Rate: 1.75% per year
Maturity: October 1, 2032
Event: incurrence

Exact text from the filing

On April 14, 2026, CoreWeave completed its previously announced private offering of $4,000,000,000 aggregate principal amount of its 1.75% Convertible Senior Notes due 2032

View on SEC.gov

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

CoreWeave, Inc. issued convertible note to qualified institutional buyers for $4,000,000,000 aggregate principal amount.

Security: convertible note
Purchaser: qualified institutional buyers
Consideration: $4,000,000,000 aggregate principal amount

Exact text from the filing

On April 14, 2026, CoreWeave completed its previously announced private offering of $4,000,000,000 aggregate principal amount of its 1.75% Convertible Senior Notes due 2032

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

CoreWeave, Inc. entered into Senior Notes Indenture with U.S. Bank Trust Company, National Association, as trustee, and the guarantors party thereto valued at $1,750,000,000 aggregate principal amount of 9.750% Senior Notes due 2031 (effective 2026-04-14).

Action: entry
Agreement: notes offering
Counterparty: U.S. Bank Trust Company, National Association, as trustee, and the guarantors party thereto
Value: $1,750,000,000 aggregate principal amount of 9.750% Senior Notes due 2031
Effective: 2026-04-14

Exact text from the filing

The Senior Notes were issued pursuant to an indenture, dated as of April 14, 2026 (the “Senior Notes Indenture”), by and among CoreWeave, the guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

CoreWeave, Inc. entered into Convertible Notes Indenture with U.S. Bank Trust Company, National Association, as trustee, and the Guarantors party thereto valued at $4,000,000,000 aggregate principal amount of 1.75% Convertible Senior Notes due 2032 (effective 2026-04-14).

Action: entry
Agreement: notes offering
Counterparty: U.S. Bank Trust Company, National Association, as trustee, and the Guarantors party thereto
Value: $4,000,000,000 aggregate principal amount of 1.75% Convertible Senior Notes due 2032
Effective: 2026-04-14

Exact text from the filing

The Convertible Notes were issued pursuant to an Indenture, dated April 14, 2026 (the “Convertible Notes Indenture”), among CoreWeave, the Guarantors (as defined below) party thereto and U.S. Bank Trust Company, National Association, as trustee (in such capacity, the “Convertible Notes Trustee”).

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

CoreWeave, Inc. filing history →

Source: SEC EDGAR

accession 0001769628-26-000164

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