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Nscale revolving credit and guaranty agreement (US$200m LC sublimit)

Corporate credit facility for Nscale, US$770m, 8 May 2026.

Key terms

Borrower or issuer
Nscale
Date
8 May 2026
Structure
Corporate credit facility
Amount
US$770m
Pricing
Term SOFR + 1.75%
Tenor
3 years from effective date + two 1-year extensions

Recorded terms

Lender type
Bank loansNamed lender: JPMorgan
Tenor
3 years from effective date + two 1-year extensions
Security
secured (GLAS collateral agent)
Lenders and arrangers
JPMorgan; Goldman Sachs; Morgan Stanley; MUFG; RBC; Bank of America; Deutsche Bank; Credit Agricole; Mizuho; SMBC; TD; KeyBank

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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.

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Sources

  1. 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.

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