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Nebius obtained a $3.5B senior secured credit facility from Citi with a 364-day maturity and borrowing costs starting at SOFR + 2.75%.
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Key sources
- SOURCE@wallstengine“The facility has a 364-day maturity, with interest starting at SOFR + 2.75% and potentially rising to SOFR + 3.50%”x.com
- SUPPORT@stocksavvyshay“its $40B+ in long-term $META and $MSFT contracts could support cheaper financing as capacity comes online”x.com
- SOURCEhuggingnewshuggingnews.com