Compute / the Ledger · 1 deal
Who is paying whom for compute.
Every deal dated, typed in plain words, and linked to the document it comes from.
The LedgerRead against its source
Deals with DNB Bank as a party. DNB Bank’s page · Show every party
| Announced | Deal | Parties | Type | Value | Terms | Source |
|---|---|---|---|---|---|---|
| 18 Sept 2026 | ABN AMRO, DNB and Nordea lend Nscale's Norway subsidiary $790M for data center construction at Kvandal SouthSignedSenior facilities agreement dated 2026-07-07; borrower Nscale Norway DC DA. A $725.0M senior term loan at Term SOFR + 3.00% to 3.75% depending on the period (0.00% floor), maturing six years after construction completion, plus a $65.0M revolving VAT facility at Term SOFR + 2.00%. Finances data center infrastructure capex in Norway, not GPUs. ABN AMRO Bank N.V., DNB Bank ASA and Nordea Bank Abp NUF are mandated lead arrangers and bookrunners (Exhibit 10.21). | Loan against chips | $790M$725M term loan + $65M VAT revolver | Nscale Form S-1, filed 2026-09-18Regulatory filing |
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