Nebius secures approximately $775 million in senior secured debt financing to expand its AI cloud platform
Odaily reported that neocloud company Nebius has announced the completion of its first senior secured debt financing of approximately 775 million USD. The funding will be used to expand its AI cloud platform, backed by deployed GPU infrastructure and cash flow from investment-grade customer contracts. This debt financing will mature in 2030, with an interest rate of SOFR+2.50%. Nebius currently has contract revenues of over 40 billion USD from clients such as Microsoft and Meta.
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