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Galaxy Digital: Helios project notes

Project bond for Galaxy Digital, US$3.51bn, 23 July 2026.

Key terms

Borrower or issuer
Galaxy Digital
Date
23 July 2026
Structure
Project bond
Amount
US$3.51bn
Pricing
9.875%
Tenor
Matures 2031, 4% annual amortisation after completion

What’s notable

US$3.51bn of 9.875% project notes maturing in 2031 for two buildings totalling 260MW at Helios, leased to CoreWeave. The notes carry first-priority liens and 4% annual amortisation after completion. The coupon gap against Beacon Point shows how much the market charges for a neocloud tenant against an investment-grade one.

Recorded terms

Lender type
Bonds and securitisationsStructure: notes or bonds
Tenor
Matures 2031, 4% annual amortisation after completion
Security
First-priority liens on issuer and guarantor assets
Trustee
Bank of New York Mellon (trustee and collateral agent)
Tenant or offtaker
CoreWeave

Parties

Project connections

Similar financings

Same structure, other borrowers, closest in date.

More from Galaxy Digital

All Galaxy Digital financings →

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Sources

  1. Galaxy Digital Inc. Announces Pricing of $3.507 Billion of Senior Secured NotesSource date: 23 July 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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