CoreWeave (CRWV) is in talks to raise $1.5B in debt by selling high-yield bonds, Bloomberg’s Jeannine Amodeo and Rachel Graf report, citing a person familiar with the matter. In a press release earlier this week, the company also announced that it is expanding its credit facility to $1.5B, with the proceeds from this agreement set to “enhance the company’s financial flexibility and enable it to continue growing its leading AI cloud infrastructure platform globally.” Shares of CoreWeave are down 7% so far today at $50.99.
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