The working kit for AI infrastructure credit.
Model a facility, read the filed wording and see what comes due, all built from public filings. Model inputs are calculated in your browser; research tools retrieve public-source records.
- Maturities tracked
- 274
- Financing records
- 540
- Clause types, filed wording
- 18
- Jurisdictions
- 11
Calendar snapshot: 274 date observations, including 50 indicative dates. Estimates are off by default in the full calendar. Coverage is incomplete.
Debt maturity calendar
When does AI infrastructure debt come due?
Financing cost calculator
What does a facility really cost, all in?
- IREN+225
- Nebius+250
- Lambda+300
- CoreWeave 3.0+400
- CoreWeave 5.0+450
- CoreWeave 5.5+550
Financing clause library
Where do lenders set the cash trap?
“Cash Trap Event” shall mean the Historical DSCR is less than 1.10:1.00 as of any Payment Date…
Nscale Ward County GPU delayed draw credit agreement · Nscale S-1, Ex. 10.23
“Cash Trap Event” shall mean that, as of any Determination Date: (a) the Historical DSCR is less than 1.15:1.00…
Nscale Europe GPU delayed draw credit agreement · Nscale S-1, Ex. 10.14
…the three-month average Amortization DSCR is less than 1.30:1…
STACK Infrastructure master indenture · Blue Owl Digital Infrastructure Trust 8-K, Ex. 4.1
“Cash Trap DSCR” shall mean 1.35 to 1.00.
Centersquare master indenture · Csquare S-1, Ex. 4.6
GPU security by country
Can lenders take security over GPUs in Norway, Japan or the UAE?
- United Kingdom
- Norway
- Sweden
- Finland
- Iceland
- United States
- Singapore
- Hong Kong
- Japan
- United Arab Emirates
- Saudi Arabia
GPU borrowing base
How much can you borrow against chips that lose value every quarter?
Compare financing terms
Is the margin in line with market for this offtaker?
- IREN · Microsoft DDTL+225bp
- Nebius first secured GPU+250bp
- CoreWeave DDTL 5.0+450bp
Inside a data centre
Which assets does each layer of financing sit on?
What's market
Where does each side start on a cash trap, a cure or a backstop?
See the positionsChecklists 13 free PDFsChecklists
What do lenders need before the first draw?
Open the checklistsResearch 448 filed documentsPrecedent packs
Where are the filed credit agreements, leases and backstops?
Find precedentsResearch 43 filed contractsContract library
What do the filed customer contracts, leases, colocation and power contracts say?
Read the clausesResearch 9 redlinesAmendment redlines
What did the waiver or amendment actually change?
Read the redlinesResearch 30 regulations, 8 jurisdictionsRegulatory tracker
Which export, screening, cyber and grid rules hit this deal, and when?
Check the rulesTool Paste your draftClause compare
How far is your wording from the filed deals?
Compare wordingResearch 33 companiesCounterparty profiles
What has this hyperscaler or AI lab signed before?
See the profilesTool 13 questionsFinanceability check
Will lenders accept this customer contract or lease?
Check your contractResearch Calendar feedsLegal calendar
Which rule dates are coming up for data centres and GPUs?
See the datesTool Either sideIssues list builder
What will the other side push on, and where did the filed deals land?
Build the listTool Board papers and memosMemo builder
Can I get a first draft board paper on this financing?
Build a draftResearch 10 grid rulesPower and grid
How does a data centre get connected here, and who goes first?
Compare the rulesResearch 6 chip rulesChips and export controls
Who carries a late GPU allocation, and what do lenders ask on export controls?
See the chip clausesResearch 14 decisionsPlanning decisions
What did the Secretary of State and the Commission decide on data centre sites?
Read the decisionsResearch 10 filed agreementsM&A and JV terms
What break fee and outside date did the filed data centre deals agree?
Compare the termsTool Paste a clauseCheck a clause
Which filed deals have wording like the clause in my draft?
Check the clauseTool One searchSearch the legal tools
Where does the site cover step-in, NIS2 or a cash trap?
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