InfraCompute / Deals
Goldman-led GPU DDTL for Iceland (marketed)
GPU-backed loan for Crusoe, US$509m, 10 September 2026.
Key terms
- Borrower or issuer
- Crusoe
- Date
- 10 September 2026
- Structure
- GPU-backed loan
- Amount
- US$509m
- Pricing
- price talk SOFR + 4.75-5.00%, 0% floor, OID 98.5As stated in the source below
- Tenor
- due November 2030
What’s notable
A US$509m delayed-draw term loan launched for syndication by Goldman Sachs in September 2026 to fund GPU capex in Iceland. The sizing test is the lower of 75% loan-to-cost and 1.30x DSCR, with a 1.075x DSCR covenant and full amortisation over the contract term. Final close and pricing were not confirmed at the time of recording.
Recorded terms
- Lender type
- Bank loansNamed lender: Goldman Sachs
- Tenor
- due November 2030
- Security
- GPUs and contracts (full amortisation over contract term)
- Lenders and arrangers
- Goldman Sachs
Parties
Similar financings
Same structure, other borrowers, closest in date.
More from Crusoe
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Sources
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
