Galaxy Digital affiliate enters $1.4B senior secured loan for Texas data center construction

Galaxy Digital Inc.

Galaxy Helios I LLC, an affiliate, borrowed $1.4B from Deutsche Bank AG at Term SOFR +4.75% (floor 250 bps).
Matures August 15, 2028; proceeds fund data center construction in Dickens County, Texas and a one-time dividend to Galaxy Digital.
Loan secured by Galaxy Helios I assets; Galaxy Digital itself is not a guarantor, but Galaxy Digital Holdings LP provides completion guarantees.
Covenants: minimum debt service coverage ratio of 1.40 (post-stabilization) and maximum loan-to-cost ratio of 80% pre-stabilization.

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