CoreWeave Expands Senior Notes Offering to $2 Billion
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CoreWeave, Inc. has priced its expanded senior notes offering at $2 billion, up $500 million from initial plans. The 9.250% notes, maturing June 2030, will be issued at par with guarantees from CoreWeave Cash Management LLC.
Proceeds will fund corporate initiatives as the AI infrastructure firm capitalizes on growing demand for cloud-based computational resources. The offering is expected to close by May 27, pending standard conditions.
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