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TeraWulf: Raylan Data Hawesville delayed draw bridge
Development credit for TeraWulf, 13 March 2026.
Key terms
- Borrower or issuer
- TeraWulf
- Date
- 13 March 2026
- Structure
- Development credit
- Amount
- US$500m
- Pricing
- 275 basis points over Term SOFR with zero floor
- Maturity
- 364 days from facility closing
Recorded terms
- Lender type
- Bank loansNamed lender: Morgan Stanley Senior Funding
- Maturity
- 364 days from facility closing
- Name
- Raylan Data Hawesville delayed draw bridgeAs of 16 March 2026
Dated historical disclosure; not current exposure.
- Currency
- USDAs of 16 March 2026
Dated historical disclosure; not current exposure.
- Event date
- 13 March 2026As of 16 March 2026
Dated historical disclosure; not current exposure.
- Benchmark
- Term SOFR with zero floorAs of 16 March 2026
Dated historical disclosure; not current exposure.
- Margin bp
- 275As of 16 March 2026
Dated historical disclosure; not current exposure.
- Maturity
- 364 days from facility closingAs of 16 March 2026
Dated historical disclosure; not current exposure.
- Terminated on
- 16 April 2026As of 5 August 2026
Dated historical disclosure; not current exposure.
Parties
Similar financings
Same structure, other borrowers, closest in date.
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Sources
- TeraWulf March 16 2026 Form 8-KSource date: 16 March 2026
- TeraWulf June 2026 Form 10-QSource date: 5 August 2026
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
