Compute / the Ledger · 2 deals
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Every deal dated, typed in plain words, and linked to the document it comes from.
The LedgerRead against its source
Deals with lambda as a party. Show every company
| Announced | Deal | Parties | Type | Value | Terms | Source |
|---|---|---|---|---|---|---|
| 1 Oct 2026 | Lambda closes a $1.008B fixed-rate delayed draw term loan at 6.78%, secured by GPU servers and contracted cash flowsSignedFixed 6.78% on a semi-annual coupon basis. Final maturity May 30, 2033, fully amortizing. Rated A (low) by Morningstar DBRS and Baa1 by Moody's. Proceeds fund GPU infrastructure for three committed customer deployments with two investment-grade offtakers across multiple data centers. Secured by the GPU servers and related infrastructure funded by the facility and the contracted cash flows. Marketed to insurance companies and fixed income investors. J.P. Morgan was sole coordinating lead arranger, structuring agent and bookrunner. |
| Loan against chips | $1.01B$1.008B delayed draw term loan | 6.78% interest | Lambda press release, 2026-10-01Company press release |
| 27 Aug 2026 | Lambda closes a $926M senior secured term loan B at SOFR + 3.00%, secured by GPU servers for one investment-grade offtakerSignedFirst priced August 12, 2026; closed August 27, 2026. Priced at SOFR + 3.00%, issued at 99.5% of principal. Matures December 31, 2030, fully amortizing. Moody's rating Baa2. Funds GPU infrastructure for a committed customer deployment with an investment-grade offtaker, through a GPU asset-backed SPV. Secured by the GPU servers and related infrastructure and the cash flows they generate. Morgan Stanley was lead left arranger, bookrunner and administrative agent; MUFG joint bookrunner. |
| Loan against chips | $926M | Lambda press release, 2026-08-27Company press release |
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