The AI infrastructure firm will use proceeds from the private debt sale for general corporate purposes, including subsidiary guarantees.
CoreWeave has announced a $3.5 billion private offering of senior notes denominated in USD and euros, maturing in 2032. The notes will be senior unsecured and guaranteed by certain wholly-owned subsidiaries of the company.
The proceeds are earmarked for general corporate purposes, though specific allocations were not disclosed. CoreWeave, a provider of AI-focused cloud infrastructure, has increasingly tapped capital markets amid rising demand for high-performance computing.
No immediate market reaction was reported following the announcement.