Global marketsUpdated Yesterday

CoreWeave targets a loan rate well below yields on its unsecured bonds

CoreWeave is aiming for an all-in interest rate of around 7.5% on the loan. That is a target, not a finalized price, and it sits well below the nearly 16% yields its unsecured bonds have reached. Those bonds were hit earlier this fall, making the new loan’s proposed price a stark contrast. CoreWeave is looking to borrow more cheaply to finance its AI chip capacity.

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