InfraCompute / Deals
CoreWeave: Magnetar US$230m loan (refundable deposit, MagAI Ventures)
Debt financing for CoreWeave, US$230m, August 2024.
Key terms
- Borrower or issuer
- CoreWeave
- Date
- August 2024
- Structure
- Debt financing
- Amount
- US$230m
- Pricing
- 12%
- Tenor
- 4-year term (option to extend 2 years); 10-K lists maturity January 2029
Recorded terms
- Lender type
- Private creditNamed lender: Magnetar
- Tenor
- 4-year term (option to extend 2 years); 10-K lists maturity January 2029
- Security
- unsecured
- Lenders and arrangers
- Magnetar
Similar financings
Same structure, other borrowers, closest in date.
More from CoreWeave
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Sources
- CoreWeave: Magnetar US$230m loan (refundable deposit, MagAI Ventures)Source date: 2024-08
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
