InfraCompute / Deals
Core Scientific: senior secured project notes
Project bond for Core Scientific, US$3.3bn, 22 April 2026.
Key terms
- Borrower or issuer
- Core Scientific
- Date
- 22 April 2026
- Structure
- Project bond
- Amount
- US$3.3bn
- Pricing
- 7.75%
- Tenor
- 15 May 2031; amortisation 11.50% p.a. of issue principal (semi-annual)
Recorded terms
- Lender type
- Bonds and securitisationsStructure: notes or bonds
- Tenor
- 15 May 2031; amortisation 11.50% p.a. of issue principal (semi-annual)
- Security
- First-priority liens on all issuer/guarantor assets + issuer equity + ring-fenced Parent Collateral; uncapped parent Completion Guarantee (ex-Austin)
- Lenders and arrangers
- Agent: Wilmington Savings Fund Society (collateral agent)
- Trustee
- Wilmington Savings Fund Society; Wilmington Savings Fund Society (trustee and collateral agent)
- Tenant or offtaker
- CoreWeave colocation licences: Denton TX (26 Feb 2024), Austin TX (29 Feb 2024), Marble NC and Dalton GA (3 Jun 2024), Muskogee OK (24 Jun 2024), Dalton 4 GA (19 Oct 2024); ~12-yr initial terms
Parties
Project connections
Similar financings
Same structure, other borrowers, closest in date.
More from Core Scientific
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
- 0
(a) THIS INDENTURE, THE NOTES, AND THE SUBSIDIARY GUARANTEES SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.
From the Indenture, 7.75% Senior Secured Notes 2031 (Ex 4.1) + 8-K, filed with the SEC.
| Filed document | Dated | Governing law | In InfraCompute |
|---|---|---|---|
| Indenture, 7.75% Senior Secured Notes 2031 (Ex 4.1) + 8-K | 6 May 2026 | New York law | – |
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Sources
- Core Scientific3.3bn secured notes pricingSource date: 22 April 2026
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
