secwatch.observer — SEC 8-K summary
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Issuer:     Galaxy Digital Inc. (GLXY)
CIK:        0001859392
Form:       8-K
Filed at:   2026-07-28T20:56:58+00:00
Accession:  0001859392-26-000079
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Galaxy Digital subsidiary issues $3.5B of 9.875% senior secured notes due 2031 for data center project
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- Issuer Galaxy Helios Data Centers II LLC sold $3.507B aggregate principal of 9.875% Senior Secured Notes due 2031 at 99.5% of par.
- Net proceeds to finance development of two data center buildings with 400 MW utility capacity and 260 MW critical IT capacity in Dickens County, Texas.
- Notes mature August 1, 2031; interest payable semi-annually starting Feb 1, 2027; principal amortizes semi-annually after project completion.
- Galaxy Digital Holdings LP provides uncapped completion guarantee for the project to ensure funds for delivery to tenant CoreWeave.
- Indenture includes customary covenants and events of default; redemption provisions include make-whole premium and change of control repurchase at 101%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859392/000185939226000079/0001859392-26-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859392/000185939226000079/glxy-20260728.htm
  HTML page:      https://secwatch.observer/filing/0001859392-26-000079

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