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Cipher Digital prices $810 million senior secured notes due 2031 at 6%

PUBT·06/09/2026 00:10:57
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Cipher Digital prices $810 million senior secured notes due 2031 at 6%
  • Cipher Digital priced a USD 810 million offering of 6% senior secured notes due 2031 at 99.75% of face value.
  • Closing expected June 15, subject to customary conditions.
  • Proceeds earmarked for the remaining cost of the Stingray data center, reimbursement of about USD 61.5 million of prior equity funding, debt service reserves.
  • Notes guaranteed by Cipher Stingray, secured by first-priority liens on substantially all issuer and guarantor assets.
  • Cipher to provide a completion guarantee for the Stingray facility if note proceeds fall short.


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. Cipher Digital Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606082010PRIMZONEFULLFEED9733761) on June 09, 2026, and is solely responsible for the information contained therein.