InfraCompute / Deals
Applied Digital: Senior notes
Project bond for Applied Digital, US$2.15bn, 10 March 2026.
Key terms
- Borrower or issuer
- Applied Digital
- Date
- 10 March 2026
- Structure
- Project bond
- Amount
- US$2.15bn
- Pricing
- 6.75% fixedAs stated in the source below
- Tenor
- 2031 with installment amortisation (Art.14); first call 15 Mar 2028
Recorded terms
- Lender type
- Bonds and securitisationsStructure: notes or bonds
- Tenor
- 2031 with installment amortisation (Art.14); first call 15 Mar 2028
- Security
- Pledge of issuer and guarantor equity; all assets; mortgages over Harwood ND real estate; project accounts; parent completion guarantee; escrow until release
- Lenders and arrangers
- Goldman Sachs (escrow agent)
- Trustee
- Wilmington Trust (trustee/collateral agent)
- Tenant or offtaker
- Oracle (MSA 20 Oct 2025): FAR-01 150MW and FAR-02 50MW datacenter leases
Parties
Similar financings
Same structure, other borrowers, closest in date.
More from Applied Digital
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Sources
- Applied Digital March 10 2026 Form 8-KSource date: 10 March 2026
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
