InfraCompute / Deals
Nscale: Sandton historical term-loan tranche aggregate
Corporate credit for Nscale, December 2023.
Key terms
- Borrower or issuer
- Nscale
- Date
- 2023-12
- Structure
- Corporate credit
- Amount
- US$76.6m
- Pricing
- 13.0% to 15.0%, initially PIKAs stated in the source below
- Sources
- 2 public sources below
Recorded terms
- Lender type
- Private creditNamed lender: Sandton Capital
- Amount m · earlier observation
- 76.6As of 21 October 2026
Selected source field only; no all-in-cost or current-balance conclusion.
- Event date · earlier observation
- December 2023As of 21 October 2026
Selected source field only; no all-in-cost or current-balance conclusion.
- Name · earlier observation
- Sandton historical term-loan tranche aggregateAs of 21 October 2026
Selected source field only; no all-in-cost or current-balance conclusion.
- Period start
- December 2023As of 18 September 2026
Full dated draws, repayments, fees, hedge costs and reserves remain unknown; no actual all-in cost eligibility. Individual tranche funding dates/amounts remain unestablished; historical aggregate is not outstanding debt.
- Period end
- May 2025As of 18 September 2026
Full dated draws, repayments, fees, hedge costs and reserves remain unknown; no actual all-in cost eligibility. Individual tranche funding dates/amounts remain unestablished; historical aggregate is not outstanding debt.
- Tranche count
- 4As of 18 September 2026
Full dated draws, repayments, fees, hedge costs and reserves remain unknown; no actual all-in cost eligibility. Individual tranche funding dates/amounts remain unestablished; historical aggregate is not outstanding debt.
- Repaid month
- October 2025As of 18 September 2026
Full dated draws, repayments, fees, hedge costs and reserves remain unknown; no actual all-in cost eligibility. Individual tranche funding dates/amounts remain unestablished; historical aggregate is not outstanding debt.
- Historical rate range pct
- {"high": 15, "low": 13}As of 18 September 2026
Full dated draws, repayments, fees, hedge costs and reserves remain unknown; no actual all-in cost eligibility. Individual tranche funding dates/amounts remain unestablished; historical aggregate is not outstanding debt.
Parties
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More from Nscale
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.
| Filed document | Dated | Governing law | In InfraCompute |
|---|---|---|---|
| Nscale Limited Form S-1 registration statement, 18 Sep 2026 (prospectus: debt descriptions, exhibit index) | 18 September 2026 | – | – |
| Amendment No. 2 to Revolving Credit and Guaranty Agreement, 30 Jun 2026 (S-1 Ex 10.18(b)) | 30 June 2026 | New York law | – |
| Amendment No. 1 to Revolving Credit and Guaranty Agreement, 17 Jun 2026 (S-1 Ex 10.18(a)) | 17 June 2026 | New York law | – |
| Amendment No. 3 to Credit Agreement, 29 Apr 2026 (S-1 Ex 10.17) | 29 April 2026 | New York law | – |
| Amendment No. 2 to Credit Agreement, 30 Mar 2026 (S-1 Ex 10.16) | 30 March 2026 | New York law | – |
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Sources
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
