InfraCompute / Deals
Nscale: Secured GPU facility
GPU secured for Nscale, 12 June 2025.
Key terms
- Borrower or issuer
- Nscale
- Date
- 12 June 2025
- Structure
- GPU secured
- Amount
- US$105m
- Pricing
- 750 basis points over one-month Term SOFR; zero floor
- Sources
- 1 public source below
Recorded terms
- Lender type
- Bank loansNamed lender: Macquarie Bank Limited (London Branch) (issuing_bank)
- Currency
- USDAs of 22 September 2025
Selected source field only; no all-in-cost or current-balance conclusion.
- Event date
- 12 June 2025As of 22 September 2025
Selected source field only; no all-in-cost or current-balance conclusion.
- Margin bp
- 750As of 22 September 2025
Selected source field only; no all-in-cost or current-balance conclusion.
- Benchmark
- one-month Term SOFR; zero floorAs of 22 September 2025
Selected source field only; no all-in-cost or current-balance conclusion.
- Borrower legal name
- Nscale Drift II Holdings LtdAs of 22 September 2025
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
- English law
- Quoted in the clause and contract libraries
- 1
GOVERNING LAW This Agreement and any non-contractual obligations arising out of or in connection with it are governed by English law.
From the Amendment and Restatement of Senior Facility Agreement (S-1 Ex 10.12), filed with the SEC.
| Filed document | Dated | Governing law | In InfraCompute |
|---|---|---|---|
| Amendment and Restatement of Senior Facility Agreement (S-1 Ex 10.12) | 22 September 2025 | English law | Quoted: Funding the GPU purchase · Quoted: Funding the GPU purchase · Quoted: Funding the GPU purchase |
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Sources
- Nscale Drift II Senior Facility Agreement as amended, Exhibit10.12Source date: 22 September 2025
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
