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Nscale: Revolver

Corporate credit for Nscale, 7 July 2026.

Key terms

Borrower or issuer
Nscale
Date
7 July 2026
Structure
Corporate credit
Amount
US$900m
Pricing
SOFR + 1.75% / ABR + 0.75%; 0.25% commitment feeAs stated in the source below
Sources
2 public sources below

Recorded terms

Lender type
Bank loansNamed lender: JPMorgan Chase Bank
Currency
USDAs of 7 July 2026

Selected source field only; no all-in-cost or current-balance conclusion.

Event date
7 July 2026As of 7 July 2026

Selected source field only; no all-in-cost or current-balance conclusion.

Margin bp
175As of 8 May 2026

Originalagreementrate;alllateramendmentpricingnotrechecked.

Initial commitment m
770As of 8 May 2026

Selected source field only; no all-in-cost or current-balance conclusion.

Borrower legal name
Nscale Global Holdings LimitedAs of 8 May 2026

Selected source field only; no all-in-cost or current-balance conclusion.

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
1
Governing law
New York law
Quoted in the clause and contract libraries
1
(a) THIS AGREEMENT ANY CLAIM, CONTROVERSY OR DISPUTE UNDER, ARISING OUT OF OR RELATING TO THIS AGREEMENT, WHETHER BASED IN CONTRACT, TORT OR ANY OTHER THEORY (AT LAW OR IN EQUITY), SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICTS OF LAW RULES THAT WOULD RESULT IN THE APPLICATION OF A DIFFERENT GOVERNING LAW.

From the Revolving Credit and Guaranty Agreement (S-1 Ex 10.18), filed with the SEC.

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Sources

  1. Nscale Closes a $900 Million Revolving Credit FacilitySource date: 7 July 2026
  2. Nscale Revolving Credit and Guaranty Agreement, Exhibit10.18Source date: 8 May 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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