InfraComputeThe capital behind compute.

InfraCompute / Deals

IREN: Mackenzie GPU financing (reported)

GPU secured for IREN, 27 August 2026.

Key terms

Borrower or issuer
IREN
Date
27 August 2026
Structure
GPU secured
Amount
US$2.4bn
Pricing
9% nominal coupon
Sources
2 public sources below

Recorded terms

Lender type
Private creditNamed lender: Blue Owl
Amount m · earlier observation
2400As of 27 August 2026

Dated historical disclosure; not current exposure.

Currency · earlier observation
USDAs of 27 August 2026

Dated historical disclosure; not current exposure.

Coupon pct · earlier observation
9As of 27 August 2026

Dated historical disclosure; not current exposure.

Event date · earlier observation
27 August 2026As of 27 August 2026

Dated historical disclosure; not current exposure.

Disclosed leads
Blue Owl; Pacific Investment Management Company LLC, as adviser to certain investorsAs of 27 August 2026

Full dated draws, repayments, fees, hedge costs and reserves remain unknown; no actual all-in cost eligibility.

Parties

Similar financings

Same structure, other borrowers, closest in date.

More from IREN

All IREN financings →

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

  1. IREN SEC-hosted FY26 results releaseSource date: 27 August 2026
  2. IREN FY26 resultsSource date: 27 August 2026

About this record

Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.

Read the structure

Randeep Bubbra

InfraCompute Weekly

The week in compute finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing data centres, GPU clouds and the power behind them. By Randeep Bubbra.

Working on a financing like this one? Book 20 minutes with Randeep to see how it compares.

Fridays, one email. Work email only. Unsubscribe any time. Privacy.