AI;DRWhat's happening in AI today?
AI;DRWhat's happening in AI today?

● FundingNov 13, 2026 · 21:228 sources

CoreWeave Seeks $4B Loan Backed by Meta Contracts at 7.5% Rate

From marketbrief.now

AI;DR

CoreWeave is seeking a $4 billion loan backed by its contracts with Meta. Morgan Stanley and Mitsubishi UFJ are syndicating the financing at an all-in interest rate of about 7.5%. This facility is expected to finance more than 90% of associated capital spending. CoreWeave expects to collect about $9 billion in customer prepayments and deposits over the next three months.

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Sources

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  1. SUPPORT@techmeme“CoreWeave plans to raise $4B+ via an investment-grade loan as soon as next week; CoreWeave says it may yield 7%-7.5%, about half its junk bonds' yield”x.com
  2. SUPPORT@zerohedge“CoreWeave bonds down to 78. That's 22 cents of creditor impairment before equity value”x.com
  3. SUPPORT@stocksavvyshay“That’s higher than the 5.9% it secured in March but it also shows why having investment-grade customers locked into long-term contracts is so valuable”x.com
  4. SUPPORT@openoutcrier“$CRWV (-10.9% pre) CoreWeave Plans to Raise at Least $4 Billion in High-Grade Loan”x.com
  5. SUPPORT@dariocpx“$CRWV management said during the call it had plenty of cash and didn’t need to raise more debt - that triggered a short squeeze sending the stock 20% higher the next day”x.com
  6. SUPPORT@realjimchanos“Annualized Revenue/Avg. Active Power was only $9.2M per MW in the 3Q, DOWN Y/Y. And it is still taking $CRWV $4 in capital to generate $1 in revenues.”x.com
#meta#fundingScore 0.43.4k tokensMarkdown
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