InfraCompute / Deals
Nscale: Dell short-term equipment lease payment schedules (aggregate)
Corporate credit for Nscale, 4 September 2026.
Key terms
- Borrower or issuer
- Nscale
- Date
- 4 September 2026
- Structure
- Corporate credit
- Amount
- US$2.54bn
- Pricing
- Not disclosed
- Security
- Equipment and related proceeds under DFS framework agreements
Recorded terms
- Lender type
- Vendor and equipment financeNamed lender or structure: Dell Financial Services
- Security
- Equipment and related proceeds under DFS framework agreements
- Recourse
- Nscale Global Holdings Ltd corporate guaranty dated April18 2026
- Amount m · earlier observation
- 2540As of 18 September 2026
Approximate aggregateinitialtermrent,includes34.8mcharges;notloanprincipal.
- Name · earlier observation
- Dell short-term equipment lease payment schedules (aggregate)As of 18 September 2026
Selected source field only; no all-in-cost or current-balance conclusion.
- Security · earlier observation
- Equipment and related proceeds under DFS framework agreementsAs of 18 September 2026
Selected source field only; no all-in-cost or current-balance conclusion.
- Recourse · earlier observation
- Nscale Global Holdings Ltd corporate guaranty dated April18 2026As of 18 September 2026
Selected source field only; no all-in-cost or current-balance conclusion.
- Event date
- 4 September 2026As of 18 September 2026
Full dated draws, repayments, fees, hedge costs and reserves remain unknown; no actual all-in cost eligibility. Exact schedule-by-schedule yields and historical 17 April date remain unestablished.
- Executed schedule count
- 40As of 18 September 2026
Full dated draws, repayments, fees, hedge costs and reserves remain unknown; no actual all-in cost eligibility. Exact schedule-by-schedule yields and historical 17 April date remain unestablished.
- Included financing charges m
- 34.8As of 18 September 2026
Full dated draws, repayments, fees, hedge costs and reserves remain unknown; no actual all-in cost eligibility. Exact schedule-by-schedule yields and historical 17 April date remain unestablished.
Parties
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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
- 5
- Governing law
- New York law
- Quoted in the clause and contract libraries
- 0
THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
From the Amendment No. 2 to Revolving Credit and Guaranty Agreement, 30 Jun 2026 (S-1 Ex 10.18(b)), filed with the SEC.
| Filed document | Dated | Governing law | In InfraCompute |
|---|---|---|---|
| Nscale Limited Form S-1 registration statement, 18 Sep 2026 (prospectus: debt descriptions, exhibit index) | 18 September 2026 | – | – |
| Amendment No. 2 to Revolving Credit and Guaranty Agreement, 30 Jun 2026 (S-1 Ex 10.18(b)) | 30 June 2026 | New York law | – |
| Amendment No. 1 to Revolving Credit and Guaranty Agreement, 17 Jun 2026 (S-1 Ex 10.18(a)) | 17 June 2026 | New York law | – |
| Amendment No. 3 to Credit Agreement, 29 Apr 2026 (S-1 Ex 10.17) | 29 April 2026 | New York law | – |
| Amendment No. 2 to Credit Agreement, 30 Mar 2026 (S-1 Ex 10.16) | 30 March 2026 | New York law | – |
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Sources
- Nscale September 2026 S-1 — selected indebtedness and financial-note paragraphsSource date: 18 September 2026
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
