Credit margin
The contractual spread added to a floating benchmark to determine interest, subject to the loan's other rate provisions.
Why the distinction matters
A disclosed SOFR margin excludes SOFR itself, original issue discount, arrangement fees and hedge costs. Compare it only with observations on a consistent basis.
Read the structure
How GPU collateral and customer cash flows support lending, and where the two can diverge.
GPU-backed loans: contracts, equipment and repayment ↗For in-house counsel
Take it to the documents
The filed wording behind GPU and data centre financings, for either side of the table. Previews are open; the full text is free with InfraCompute Weekly.
- Financing clause libraryCash traps, coverage ratios, cures and step-in, from the filed deals.
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- The legal desk for in-house counselContract library, issues lists, checklists and English law notes.
Related terms
Explanatory definition, not a statement that a particular transaction contains this term or a substitute for its contractual definition.
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