-+ 0.00%
-+ 0.00%
-+ 0.00%

Core Scientific plans $3.3 billion senior secured notes offering due 2031

PUBT·04/21/2026 11:25:27
Listen to the news
Core Scientific plans $3.3 billion senior secured notes offering due 2031
  • Core Scientific announced a proposed private offering of $3.3 billion of senior secured notes due 2031.
  • Net proceeds are expected to fund a debt service reserve account.
  • Remaining proceeds are expected to be distributed to Core Scientific.
  • Core Scientific plans to use part of proceeds to repay outstanding delayed draw term loans under its 364-day credit facility.
  • Offering remains subject to market conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Core Scientific Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260420439314) on April 21, 2026, and is solely responsible for the information contained therein.