InfraCompute / Deals
CoreWeave: DDTL 5.0
GPU secured for CoreWeave, 15 May 2026.
Key terms
- Borrower or issuer
- CoreWeave
- Date
- 15 May 2026
- Structure
- GPU secured
- Amount
- US$3.1bn
- Pricing
- 450 basis points over daily compounded SOFR
- Maturity
- 15 November 2031
Recorded terms
- Lender type
- Bank loansNamed lender: Morgan Stanley Senior Funding (admin)
- Recourse
- Unconditional parent guarantee
- Maturity
- 15 November 2031
- Capacity usd m
- 3100As of 15 May 2026
Selected field only; not an independently approved claim.
- Margin bp
- 450As of 15 May 2026
Selected field only; not an independently approved claim.
- Undrawn fee bp
- 50As of 15 May 2026
Selected field only; not an independently approved claim.
- Expected final payment
- May 2031; differs from contractual2031-11-15As of 30 June 2026
Selected field only; not an independently approved claim.
Similar financings
Same structure, other borrowers, closest in date.
More from CoreWeave
Filed documents and legal terms
The documents behind this financing that are filed on SEC EDGAR, with the governing law each states. Read any document in full before relying on it; filers may redact commercial terms.
- Filed documents
- 1
- Governing law
- New York law
- Quoted in the clause and contract libraries
- 0
THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.
From the Credit Agreement (Ex 10.1), filed with the SEC.
| Filed document | Dated | Governing law | In InfraCompute |
|---|---|---|---|
| Credit Agreement (Ex 10.1) | 15 May 2026 | New York law | – |
In-house counsel working on similar terms? Ask Randeep for a market check or see what is market.
For counsel on this deal
Acting for a lender, borrower or sponsor on a financing like this? Start from the filed precedents. Previews are open; the full text is free with InfraCompute Weekly.
Sources
- CoreWeave DDTL5 Form 8-KSource date: 15 May 2026
- CoreWeave Q2 2026 Form 10-QSource date: 30 June 2026
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
