InfraCompute / Deals
Galaxy Digital: project construction senior secured term loan
Project loan for Galaxy Digital, US$1.4bn, 15 August 2025.
Key terms
- Borrower or issuer
- Galaxy Digital
- Date
- 15 August 2025
- Structure
- Project loan
- Amount
- US$1.4bn
- Pricing
- 1M Term SOFR (2.50% floor) + 4.75%As stated in the source below
- Tenor
- 36-month availability; commitments mature 15 Aug 2028 (construction/mini-perm)
Recorded terms
- Lender type
- Bank loansNamed lender: Deutsche Bank (initial lender)
- Tenor
- 36-month availability; commitments mature 15 Aug 2028 (construction/mini-perm)
- Security
- All assets and equity of Galaxy Helios I; fee/leasehold deed of trust; HoldCo pledge; completion guaranty and limited-recourse carve-out guaranty from Galaxy Digital Holdings LP
- Lenders and arrangers
- Deutsche Bank NY (initial lender, lead arranger); GLAS USA (admin/collateral agent); Clayco (GMP contractor); Deutsche Bank (initial lender)
- Tenant or offtaker
- CoreWeave, Inc. (lease 12 Mar 2025; >=132.7MW critical power, Helios, Dickens County TX)
Parties
Project connections
Similar financings
Same structure, other borrowers, closest in date.
More from Galaxy Digital
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Sources
- Galaxy Digital Form 8-K, August 15 2025Source date: 15 August 2025
- Galaxy Digital Form 10-Q, June 30 2026Source date: 10 August 2026
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
