Compute · the Ledger · Loan against chips
CoreWeave issues $2.0B of 9.250% senior unsecured notes due 2030
Completed · announced 19 May 2025 · the week to 23 May 2025
- Size
- $2B
- Rate
- 9.25%
The parties
- CoreWeavecompany pageBorrower
The source
CoreWeave 8-K, 2025-05-28Regulatory filing
Launched at $1.5B on 2025-05-19, priced upsized to $2.0B on 2025-05-21, issued 2025-05-27; matures 2030-06-01. Unsecured corporate notes, not GPU-collateralized; proceeds for general corporate purposes including repayment of debt.
The same parties, other deals
- Jane Street commits ~$6B to CoreWeave's AI cloud and buys $1B of CoreWeave stock at $109.00$6B · 15 Apr 2026
- Meta signs a new CoreWeave order form; Meta's initial commitment is ~$21B through December 20, 2032$21B · 9 Apr 2026
- CoreWeave closes $8.5B DDTL 4.0, rated A3/A (low), to finance GPU servers for a customer contract$8.5B · 31 Mar 2026
- Nvidia buys $2B of CoreWeave Class A stock at $87.20 per share; companies sign a 5 GW buildout framework$2B · 26 Jan 2026
- Meta commits up to ~$14.2B through December 14, 2031 for CoreWeave cloud capacity$14.2B · 30 Sept 2025
- OpenAI commits up to ~$6.5B more through May 31, 2031 in a new CoreWeave order form$6.5B · 25 Sept 2025